EBU Single Rulebook Q&A 25 May 2017 2017_3304 Effective LGD

Could effective LGD (LGD*) be used both in AIRB and FIRB if the operation has an eligible financial collateral under Financial Collateral Comprehensive method? According to Article 228 (2) CRR, when calculating risk-weighted exposure amounts under the financial collateral comprehensive method, institutions shall use the effective LGD (LGD*) as the LGD for the purposes of Chapter 3 (IRB).