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eligible ECAI

an ECAI:

  1. (a) (for exposure risk weighting purposes other than those in (b)) recognised by the appropriate regulator under regulation 22 of the Capital Requirements Regulations 2006 (Recognition for exposure risk-weighting purposes); or
  2. (b) (for securitisation risk weighting purposes) recognised by the appropriate regulator under regulation 23 of the Capital Requirements Regulations 2006 (Recognition for securitisation risk-weighting purposes).
  3. (c) (in BIPRU 12) that is listed in the first row in the table set out in BIPRU 12 Annex 1R.