Published date: 16 February 2018
CP6/18 - Credit risk mitigation: Eligibility of guarantees as unfunded credit protection
Closed
16 May 2018
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Background
This consultation paper (CP) sets out the Prudential Regulation Authority’s (PRA’s) proposed changes to Supervisory Statement (SS) 17/13 ’Credit risk mitigation’ to clarify expectations regarding the eligibility of guarantees as unfunded credit protection under Part Three, Title II, Chapter 4 (Credit risk mitigation) of the Capital Requirements Regulation (575/2013) (CRR).