Implementing Technical Standards on the mapping of ECAIs Credit Assessments for securitisation positions

  • Status: Adopted and published in the Official Journal of the EU
These  ITS specify the correspondence or ‘mapping’ between credit ratings and credit quality steps that shall determine the allocation of appropriate risk weights to credit ratings issued by ECAIs on securitisations where the Standardised Approach (SA) or the Internal Ratings Based (IRB) approach for securitisations are used.  They will be part of the Single Rulebook in banking aimed at enhancing regulatory harmonisation across the European Union (EU) and will allow the credit ratings of all registered credit rating agencies to be used for the purposes of calculating institutions’ capital requirements.

Summary of document history

Current version Ongoing versions

Draft Implementing Technical Standards on ECAI mapping for securitisation positions

  • Status: In force
  • Application date:
  • Compliance deadline:
Final draft ITS on ECAI mapping for securitisation positions

(571.91 KB - PDF) Last update 15 February 2016


Press contacts

Franca Rosa Congiu