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