9 claims on 20 50 100 100 150 150 100 securities and investment entities that are not subject to capital requirements similar to banks 10 claims on 20 50 100 100 150 150 100 corporates 11 securitisation 50 100 100 150 150 250 150 exposures 12 investments in 20 50 100 100 150 150 n/a rated funds 4.4.8 Specialised lending (1) A specialised lending exposure is risk-weighted one rating less favourable than the rating that would apply, under table 4.4.7B, to the counterparty to the transaction (or to the party to whom that counterparty has the right of recourse). (2) is a lending transaction that complies with the Specialised lending following requirements: (a) the purpose of the loan is to acquire an asset; (b) the cash flow generated by the collateral is the exclusive loan’s (or almost exclusive) source of repayment; (c) the loan represents a significant liability in the capital borrower’s structure; (d) the credit risk is determined primarily by the variability of the cash flow generated by the collateral (rather than the independent capacity of a broader commercial enterprise).
9 claims on securities and investment entities that are not subject to capital requirements similar to banks 20 50 100 100 150 150 100 10 claims on corporates 20 50 100 100 150 150 100 11 securitisation exposures 50 100 100 150 150 250 150 12 investments in rated funds 20 50 100 100 150 150 n/a 4.4.8 Specialised lending (1) A specialised lending exposure is risk-weighted one rating less favourable than the rating that would apply, under table 4.4.7B, to the counterparty to the transaction (or to the party to whom that counterparty has the right of recourse). (2) Specialised lending is a lending transaction that complies with the following requirements: (a) the purpose of the loan is to acquire an asset; (b) the cash flow generated by the collateral is the loan’s exclusive (or almost exclusive) source of repayment; (c) the loan represents a significant liability in the borrower’s capital structure; (d) the credit risk is determined primarily by the variability of the cash flow generated by the collateral (rather than the independent capacity of a broader commercial enterprise).
QFCRA_9582_VER5.docx