PRU 4.12.21

Past version: effective from 21/10/2015 - 20/10/2015
To view other versions open the versions tab on the right

When assessing whether an Exposure other than Exposures referred to in Rule 4.12.20 is associated with particularly high risks, an Authorised Person must take into account the following risk characteristics:

(a) there is a high risk of loss as a result of a default of the obligor; and
(b) it is impossible to assess adequately whether the Exposure falls under (a).