Probability of Default (PD)
Pursuant to Article 4 (1) no. 54 of Regulation (EU) No. 575/2013 (CRR) the probability of default means the probability of default of a counterparty over a one year period.
Pursuant to Article 4 (1) no. 54 of Regulation (EU) No. 575/2013 (CRR) the probability of default means the probability of default of a counterparty over a one year period.