Question
We wonder if there could be possible exceptions to the Validation rule v4821_m which always requires the LGD reported in column c0230 of Template C.08.02 by Obligor Grades to be always lower than or equal to 1.
Background on the question
On some obligor grades and for some specific exposure classes, whether the LGDs are equal to 1 in LGD grid and the clusters are affected by a limitation required by ECB, the LGDs post limitation are higher than 1.
Answer
This question has been rejected because the matter it refers to has been answered inQ&A 3661.