FINANCE|financial institutions and credit
- maolú riosca creidmheasa cistithe Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
- ga
- funded credit risk mitigation | funded CRM
- en
- Definition "technique of credit risk mitigation [ IATE:2246031 ] where the reduction of the credit risk on the exposure of an institution derives from the right of that institution, in the event of the default of the counterparty or on the occurrence of other specified credit events relating to the counterparty, to liquidate, or to obtain transfer or appropriation of, or to retain certain assets or amounts, or to reduce the amount of the exposure to, or to replace it with, the amount of the difference between the amount of the exposure and the amount of a claim on the institution (e.g. cash collateral, CLNs, etc.)" Reference "The EBA report on synthetic securitisation, EBA/Op/2015/26, European Banking Authority, https://www.eba.europa.eu/documents/10180/983359/EBA-Op-2015-26+EBA+report+on+synthetic+securitisation.pdf [12.8.2016]"