Basel Framework: CRE30.37 fn6

Footnote 6 of CRE30.37 sends the domestic-exposure maturity exemption to CRE32.44, but it is in CRE32.45.

Consequence

Position: A-IRB bank, domestic corporate group sales and assets EUR 300m Reading a: Follow footnote to CRE32.44: no exemption found, must measure M Reading b: Follow CRE32.45: supervisor may allow fixed 2.5 years Difference: Measured M vs 2.5 fixed

Proposed correction

Clarify or correct the cited passage so that the rule and its references give one result for the stated case.

Issued by

Basel Committee on Banking Supervision

Act

Basel Framework CRE30 (in force 2023-01-01, published 2020-03-27)

Place

CRE30.37 fn6

Record

Discrepancy

Class

Text of the act

Where it arose

The text of the act

Arxo's conclusion

Confirmed

Official text

Unchanged at last check

Last checked

2026-10-31

Evidence

Contradiction within the text. Quotations are verbatim from the official material; translations are ours and marked.

[fn6] At the discretion of the national supervisor, certain domestic exposures may be exempt from the calculation of M (see CRE32.44).

Banks using any element of the A-IRB approach are required to measure effective maturity for each facility as defined below. However, national supervisors may allow the effective maturity to be fixed at 2.5 years

How to check it without Arxo's tools

1. Open Basel Framework CRE30 (in force 2023-01-01, published 2020-03-27) and find CRE30.37 fn6. Compare the text with the quotation above. A copy is kept in this register: 4d47fea78cbb9333-CRE30@2023-01-01~2020-03-27.txt (SHA-256 4d47fea78cbb9333e9026a15e0f7908b175470dcc6245522c2b9d3ed6206e0b9, copy of the official file).
2. Open Basel Framework CRE32 (in force 2023-01-01, published 2020-03-27) and find CRE32.45. Compare the text with the quotation above. A copy is kept in this register: 380431d29284c71d-CRE32@2023-01-01~2020-03-27.txt (SHA-256 380431d29284c71db0c84ae1bac673344896b480f941dbb303fa487ad814e015, copy of the official file).
3. The finding holds if the quoted passages read as shown and the comparison gives the result stated at the top of this page. If it does not, write to us with the record ID.

How this finding was made

AI models read the texts, built the examples and reviewed the findings.

Responsible institutions

• Basel Committee on Banking Supervision — maintains the Basel Framework

Reported to

Responses

No response recorded.

History

1. 2026-10-31Confirmed by Arxo
2. 2026-10-31Entered in the register
3. 2026-10-31Reported to Basel Committee on Banking Supervision (e-mail)

Cite this record

Arxo Law, Arxo Findings Register, ARXO-2026-0360, https://arxo.io/findings/ARXO-2026-0360/ (status as of 2026-10-31). Data: ARXO-2026-0360.json.