IS_ELIGIBLE_CCY {xVA}

Checks if specified currency is low risk

Description

Checks if the specified currency is eligible to receive reduced regulatory risk weights

Usage

IS_ELIGIBLE_CCY(ccy)

Arguments

ccy

The currency to be checked

Value

TRUE if the currency is is eligible to receive reduced regulatory risk weights

Author(s)

Tasos Grivas <[e-mail]>

References

https://www.bis.org/basel_framework/chapter/MAR/50.htm?inforce=20230101&published=20200708

Examples

TRUE == IS_ELIGIBLE_CCY('EUR')