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  2. Point in time
    2008-06-29

credit quality assessment scale

48the credit quality assessment scale:

  1. (1) onto which the credit assessments of an export credit agency are mapped under the table in BIPRU 3.4.9 R (Exposure for which a credit assessment by an export credit agency is recognised); or
  2. (2) published by the FSA in accordance with the Capital Requirements Regulations 2006 which determine:
    1. (a) (in relation to an eligible ECAI whose recognition is for risk weighting purposes other than those in (2)(b)) with which of the credit quality steps set out in BIPRU 3.4 (Risk weights under the standardised approach to credit risk) the relevant credit assessments of54 an eligible ECAI54 are to be associated; or
    2. (b) (in relation to an eligible ECAI whose recognition is for securitisation risk-weighting purposes) with which of the credit quality steps set out in BIPRU 9 (Securitisation) the relevant credit assessments of the54 eligible ECAI 54 are to be associated.