Where Article 88 is complied with, insurance or reinsurance undertakings may calculate the loss-given-default set out in Article 192 for a group of single name exposures. In that case, the group of single name exposures shall be assigned the highest probability of default assigned to single name exposures included in the group in accordance with Article 199.
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New version applies from 08/07/2019 — introduced by Commission Delegated Regulation (EU) 2019/981.
83 provisions change.
Later versions: 01/01/2020, 30/07/2020, 15/04/2021, 02/08/2022, 14/11/2024, 30/01/2027.
Article 110 changes in this version: compare with the current text.