probability of default

Defined in Article 4, Capital Requirements Regulation (CRR)

Definitions over time (3)

1. 01/01/2025 – today applies on 11/11/2026 Article 4, Capital Requirements Regulation (CRR) Scope: Whole act Also: PD

   For the purposes of this Regulation, the following definitions shall apply:

   ‘probability of default’ or ‘PD’ means the probability of default of an obligor or, where applicable, of a credit facility over a one-year period, and, in the context of dilution risk, the probability of dilution over a one-year period;

2. 25/12/2019 – 01/01/2025 Article 4, Capital Requirements Regulation (CRR) Scope: Whole act Also: PD

   For the purposes of this Regulation, the following definitions shall apply:

   ‘probability of default’ or ‘PD’ means the probability of default of a counterparty over a one-year period;

3. 28/06/2013 – 19/07/2016 Article 4, Capital Requirements Regulation (CRR) Scope: Whole act Also: PD

   For the purposes of this Regulation, the following definitions shall apply:

   ‘probability of default’ or ‘PD’ means the probability of default of a counterparty over a one-year period;

Used in (127 places in 36 provisions on 11/11/2026)

Capital Requirements Regulation (CRR) (127 in 36)

Recital 128 · Article 4³ · Article 142⁵ · Article 147 · Article 151³ · Article 153¹⁰ · Article 154⁴ · Article 157 · Article 158⁴ · Article 159a² · Article 160¹⁸ · Article 161⁵ · Article 162 · Article 163⁸ · Article 164 · Article 170 · Article 173 · Article 176² · Article 179 · Article 180²¹ · Article 181 · Article 183⁴ · Article 185² · Article 191 · Article 192² · Article 236⁴ · Article 236a² · Article 249² · Article 255 · Article 291 · Article 314 · Article 336 · Article 379 · Article 383a⁴ · Article 452⁶ · Article 465