unfunded credit protection
Defined in Article 4, Capital Requirements Regulation (CRR)
Uses as of 26/04/2019
Definitions over time (1)
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19/07/2016 – 27/06/2019 applies on 26/04/2019 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 (2)
Each has its own scope, dates and uses. Open one to see when it applies.
Used in (54 places in 28 provisions on 26/04/2019)
Capital Requirements Regulation (CRR) (54 in 28)
Article 4 · Article 47a · Article 47c4 · Article 106 · Article 134 · Article 1553 · Article 1604 · Article 1612 · Article 163 · Article 164 · Article 166 · Article 1942 · Article 2014 · Article 2022 · Article 203 · Article 204 · Article 2133 · Article 2152 · Article 216 · Article 2182 · Article 2333 · Article 239 · Article 245 · Article 2495 · Article 270 · Article 3942 · Article 3992 · Article 403