Document ID: chunk:federal_register_of_legislation:F2024L01074:body:0:p65
Version: federal_register_of_legislation:F2024L01074
Segment Type: other
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Character Range: 207724–209232

the lease.
[7]  For this purpose, the World Bank group comprises the International Bank for Reconstruction and Development, the International Finance Corporation, the Multilateral Investment Guarantee Agency and the International Development Association.
[8]  Refer to paragraph 102 of Attachment D to this Prudential Standard.

[9]  Refer to paragraph 30 of Attachment B to this Prudential Standard.
[10]  Refer to paragraph 75 of this Attachment.
[11]  Specific wrong-way risk means the risk that arises when the exposure to a particular counterparty is positively correlated with the probability of default of the counterparty due to the nature of the transactions with the counterparty.
[12]  For this purpose, the reference definition of default refers to 'non-performing' as set out in APS 220.
[13]  An ADI is not required to produce its own estimates of PD for specialised lending exposures subject to the supervisory slotting approach.

[14]  Contra-accounts involve a customer buying from and selling to the same firm.

[15]  Claims on tranches of the proceeds (e.g. first or second loss positions) are subject to the capital requirements set out in APS 120.

[16]  The firm-size adjustment, as set out in paragraph 6 of Attachment A to this Prudential Standard, is the weighted average firm-size for individual exposures in the pool of purchased corporate receivables. If an ADI does not have the information to calculate the average firm-size of the pool, the firm-size adjustment does not apply.