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Status: In force
Version date: 1 January 2014 - onwards
    Version 1 of 1    

6.1

A firm must address and control, by means which include written policies and procedures, the concentration risk arising from:

(1) exposures to each counterparty including central counterparties, groups of connected counterparties and counterparties in the same economic sector, geographic region or from the same activity or commodity;

(2) the application of credit risk mitigation techniques; and

(3) risks associated with large indirect credit exposures such as a single collateral issuer.

[Note: Art 81 of CRD]

Comparing proposed amendment...