Version in force , Modified +9 −148§
Amended by Regulation (EU) 2024/1623 32024R1623 on EUR-Lex (external, EUR-Lex) · Regulation (EU) 2024/2987 32024R2987 on EUR-Lex (external, EUR-Lex) · Regulation (EU) 2024/2795 32024R2795 on EUR-Lex (external, EUR-Lex)
Explanation, written by a model and checked against the cited text
The table referenced in paragraph 1 is now labelled Table 1 instead of Table 6, and the risk weight for credit quality step 3 has changed from 100% to 75%, with step 5 changing from 150% to 150% remaining the same but step 4 now showing 100% where it previously showed 100% as well, the key numeric change being the step 3 figure.
Paragraph 2 no longer includes the alternative of applying the risk weight of exposures to the central government of the jurisdiction where the corporate is incorporated, and now simply assigns a 100% risk weight when no credit assessment is available.
Cited: Art. 122, v2 (external, EUR-Lex) · Art. 122, v1 (external, EUR-Lex)
v1 is the previous version, v2 this one.
Text from EUR-Lex, before and after
Previous version, in force 9 July 2024 02013R0575-20240709 → this version, in force 1 January 2025 02013R0575-20250101
Article 122
Exposures to corporates
1. Exposures for which a credit assessment by a nominated ECAI is available shall be assigned a risk weight in accordance with Table 6 which corresponds to the credit assessment of the ECAI in accordance with Article 136.
Table 6 1
Credit quality step 1 2 3 4 5 6
Risk weight 20 % 50 % 100 75 % 100 % 150 % 150 %
2. Exposures for which such a credit assessment is not available shall be assigned a 100 % risk weight or the risk weight of exposures to the central government of the jurisdiction in which the corporate is incorporated, whichever is the higher. 100 %.