countercyclical buffer rate

230the rate:

1. (a) expressed as a percentage of total risk exposure amount set by the UK countercyclical buffer authority230; or
2. (b) expressed in terms equivalent to a percentage of total risk exposure amount set by a third-country countercyclical buffer authority,

that a firm must apply in order to calculate its countercyclical capital buffer.[Note: article 128(7) of the CRD (Definitions)]230