EBA Consultation on Draft ITS on the mapping of ECAIs’ credit assessments for securitisation positions under Art 270 CRR (EBA/CP/2015/08)

ITS specify the correspondence or ‘mapping’ between credit ratings and credit quality steps that shall determine the allocation of appropriate risk weights to credit ratings issued by ECAIs on securitisations where the Standardised Approach (SA) or the Internal Ratings Based (IRB) approach for securitisations are used.