This summary addresses the risk-weighted exposure calculations for securitisation positions under the SEC-SA framework. It mandates that institutions multiply the exposure value of a securitisation position by an appropriate risk weight, which is subject to a minimum floor of 15%. The risk weight is determined by the proportion of underlying exposures that are in default, defined by specific delinquency conditions.

Furthermore, institutions may apply an inferred risk weight to derivative positions linked to securitisation, reflecting the risk weight of the corresponding reference position. Should the delinquency status for more than 5% of underlying exposures remain unknown, a higher risk weight of 1,250% applies to the securitisation position, underscoring the critical importance of comprehensive exposure assessments.