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(a) (for exposure risk weighting purposes other than those in (b)) recognised by the173 appropriate regulator 173 under regulation 22 of the Capital Requirements Regulations 2006 (Recognition for exposure risk-weighting purposes); or
(b) (for securitisation risk weighting purposes) recognised by the173 appropriate regulator 173 under regulation 23 of the Capital Requirements Regulations 2006 (Recognition for securitisation risk-weighting purposes).

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