2

Standardised Approach – Treatment of Exposures to Regional Governments

2.1

For the purposes of Article 115 of the CRR, a firm may treat exposures to the following regional governments as exposures to the UK central government:

  1. (1) The Scottish Parliament;
  2. (2) The National Assembly for Wales; and
  3. (3) The Northern Ireland Assembly.

[Note: Art 115 of the CRR]