Question ID
2019_5053
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Credit risk
Article
Article 120,131 and 140
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Not applicable
Article/Paragraph
Article 120, 131 and 140
Name of institution / submitter
Wolters Kluwer Financial Services
Country of incorporation / residence
Netherlands
Type of submitter
Other
Subject matter
Short-term Exposures
Question
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.
Submission date
Rejected publishing date
Rationale for rejection

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Status
Rejected question