EBU Single Rulebook Q&A 12 May 2014 2014_1179 Scaling factor for IRBA securitisations with 1250% risk weight under the Ratings Based Method

Does an institution have to multiply the risk-weighted exposure amount of a banking book IRBA securitisation with a 1250% risk weight under the Ratings Based Method with the scaling factor of 1.06? Article 261(1) of Regulation (EU) No 575/2013 (CRR) prescribes that the risk-weighted exposure amount of an IRBA securitisation treated under the Ratings Based Method must be multiplied by 1.06.