Article 1, Point (2) · Commission Delegated Regulation (EU) 2024/920

Contents

(1) ‘most senior protected tranche’ in a securitisation means…
(2) ‘credit risk bucket’ means a segment of the underlying por…
(3) ‘back-loaded loss distribution scenario’ means a scenario…

(2)‘credit risk bucket’ means a segment of the underlying portfolio to which the exposures from that portfolio are assigned in accordance with Article 4(5) and that entails a degree of credit risk as measured on the basis of credit risk-related criteria, where each mutually exclusive segment entails a credit risk that is greater than or less than another segment;