Maturity for exposures to corporates, institutions or central governments and central banks | Prudential Regulation Authority Handbook & Rulebook
Prudential Regulation Authority Rulebook

Prudential Regulation Authority Rulebook

Guidance

SS11/13 – Internal Ratings Based (IRB) approaches

Chapter

Maturity for exposures to corporates, institutions or central governments and central banks

Printed on: 18/05/2025

Rulebook at: 02/05/2025


15

Maturity for exposures to corporates, institutions or central governments and central banks

15.1

The PRA expects all firms that have not received permission to use own estimates of LGDs and conversion factors to use the maturity approach set out in CRR Article 162(2) to 162(3) for these exposures. This will be reflected in their permissions to use the IRB approach.

(CRR Article 166)

  • 01/01/2022