facility grade

Defined in Article 142, Capital Requirements Regulation (CRR)

Definitions over time (3)

1. 01/01/2025 – today applies on 12/11/2026 Article 142, Capital Requirements Regulation (CRR) Scope: Part III Title II Chapter 3

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

   ‘facility grade’ means a risk category within a rating system's facility scale, to which exposures are assigned on the basis of a specified and distinct set of rating criteria, from which own estimates of LGD are derived;

2. 01/01/2019 – 01/01/2025 Article 142, Capital Requirements Regulation (CRR) Scope: Part III Title II Chapter 3

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

   ‘facility grade’ means a risk category within a rating system's facility scale, to which exposures are assigned on the basis of a specified and distinct set of rating criteria, from which own estimates of LGD are derived.

3. 28/06/2013 – 01/01/2019 Article 142, Capital Requirements Regulation (CRR) Scope: Part III Title II Chapter 3

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

   ‘facility grade’ means a risk category within a rating system's facility scale, to which exposures are assigned on the basis of a specified and distinct set of rating criteria, from which own estimates of LGD are derived;

Used in (12 places in 8 provisions on 12/11/2026)

Capital Requirements Regulation (CRR) (12 in 8)

Article 142 · Article 170³ · Article 171 · Article 172 · Article 174 · Article 180 · Article 181² · Article 182²