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PIB 4.12.21

When assessing whether an Exposure other than Exposures referred to in PIB Rule 4.12.20 is associated with particularly high risks, an Authorised Firm must take into account the following risk characteristics:

(a) there is a high risk of loss as a result of a default of the obligor; and
(b) it is impossible to assess adequately whether the Exposure falls under (a).
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]