5. These guidelines specify the requirements for the estimation of probability of default (PD) and loss given default (LGD), including LGD for defaulted exposures (LGD in-default) and best estimate of expected loss ( EL_BE ) in accordance with Part Three, Title II, Chapter 3, Section 6 of Regulation (EU) No 575/2013, Article 159 of that Regulation and the EBA final draft regulatory technical standards on the IRB assessment methodology EBA/RTS/2016/03 [RTS on IRB assessment methodology] of 21 July 2016 [References to Articles of the RTS on IRB assessment methodology will be replaced with references to the Delegated Regulation adopting the EBA final draft RTS on IRB assessment methodology, once that is published in the Official Journal of the EU.].