Question ID:
Legal Act:
Regulation (EU) No 575/2013 (CRR)
Credit risk
Article 120,131 and 140
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations:
Not applicable
Article 120, 131 and 140
Disclose name of institution / entity:
Name of institution / submitter:
Wolters Kluwer Financial Services
Country of incorporation / residence:
Type of submitter:
Subject Matter:
Short-term Exposures

What does short-term in this context mean? 90 days of remaining maturity or original maturity of 1 year?

Background on the question:

Article 140 states that Short-term credit assessments may only be used for short-term asset and off-balance sheet items constituting exposures to institutions and corporates.

Article 4 (1) (80) defines trade finance positions of original maturity less than 1 year (less than 1 year or origination).
It is unclear whether the original maturity is applicable for all exposures including loans, securities etc for application of short-term assessment or 90 days of remaining maturity for all positions, except trade finance positions.

Date of submission:
Published as Rejected Q&A
Rationale for rejection:

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Rejected question