unfunded credit protection
Definitions over time (1)
-
19/07/2016 – 27/06/2019 Article 4, Capital Requirements Regulation (CRR) Scope: Whole act
For the purposes of this Regulation, the following definitions shall apply:
‘unfunded credit protection’ means a technique of credit risk mitigation where the reduction of the credit risk on the exposure of an institution derives from the obligation of a third party to pay an amount in the event of the default of the borrower or the occurrence of other specified credit events;
Other definitions of this term in this act (1)
Each has its own scope, dates and uses. Open one to see when it applies.
Earlier definition records in this act (1)
Open an entry to see its definitions, dates and uses. Separate scopes and histories are kept intact.
- Article 4(1)(59) Historical · definitions end 25/12/2019
Used in (0 places in 0 provisions on 13/11/2026)
No text uses this concept on 13/11/2026.