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CP7/21 - Credit risk: The identification of the nature, severity, and duration of an economic downturn for the purposes of Internal Ratings Based (IRB) models1 Overview2 Proposals3 Additional minor changes to SS11/134 The PRA's statutory obligationsAppendices1 Draft UK Technical Standards: Technical Standards (Economic Downturn Instrument) 20212 Draft amendments to Supervisory Statement 11/13 - 'Internal Ratings Based (IRB) Approaches
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Version date: 7 April 2021 - onwards

1 Draft UK Technical Standards: Technical Standards (Economic Downturn Instrument) 2021

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7 July 2021

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