9.1 Firms using the standardised approach are not permitted to treat non-financial collateral as eligible collateral when recognising CRM in accordance with the methods set out in the Credit Risk Mitigation (CRR) Part. The PRA expects, however, that firms using the standardised approach should reflect the existence of non-financial collateral in their assignment of risk weights, where relevant, in line with the provisions of the Credit Risk: Standardised Approach (CRR) Part.