back-loaded loss distribution scenario
Defined in Article 1, Commission Delegated Regulation (EU) 2024/920
Definitions over time (1)
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11/04/2024 – today applies on 12/11/2026 Article 1, Commission Delegated Regulation (EU) 2024/920 Scope: Whole act
For the purposes of this Regulation, the following definitions shall apply:
‘back-loaded loss distribution scenario’ means a scenario in which two-thirds of the absolute amount of losses expected to occur over the entire maturity of the transaction at its closing date take place in the last third part of its expected maturity.