probability of default

Defined in Article 4, Capital Requirements Regulation (CRR)

Uses as of 28/06/2023

Definitions over time (3)

1. 01/01/2025 – today 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 applies on 28/06/2023 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 (129 places in 36 provisions on 28/06/2023)

Capital Requirements Regulation (CRR) (129 in 36)

Recital 128 · Article 4³ · Article 142² · Article 151³ · Article 153¹³ · Article 154⁶ · Article 155⁴ · Article 157 · Article 158⁶ · Article 160¹⁷ · Article 161⁷ · Article 162 · Article 163⁶ · Article 164³ · Article 165² · Article 170 · Article 172 · Article 173² · Article 176³ · Article 178 · Article 179 · Article 180¹⁹ · Article 181 · Article 183 · Article 185² · Article 191 · Article 202² · Article 236⁴ · Article 249² · Article 255 · Article 291 · Article 319 · Article 336 · Article 337² · Article 379 · Article 452⁶