Arxo Findings Register · Arxo Law

ARXO-2026-0357 · Reported

Basel Framework: CRE21.5

CRE21.5 refers to 'the tables above', but the chapter contains no preceding risk-weight table.

Consequence

Position: Supervisor maps an ECAI's long-term scale onto SA corporate weights. Reading a: Calibrate against CRE20 corporate/bank tables -> BBB = 100% (corporates) Reading b: Calibrate against 'tables above' in CRE21 -> only the short-term Table 15 is available, no long-term mapping Difference: not numeric; the target of the reference is undefined

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 CRE21 (in force 2023-01-01, published 2020-03-27)
Place
CRE21.5
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.

consistent with that of the level of credit risk reflected in the tables above
Normative text · Basel Framework CRE21 (in force 2023-01-01, published 2020-03-27) · CRE21.5 · Published 2020-03-27 · retrieved 2026-10-31 · SHA-256 a262782d56fff7c55838564afa6ef085f255d0354426e141fea89e8fd743cd6b · copy

How to check it without Arxo's tools

  1. Open Basel Framework CRE21 (in force 2023-01-01, published 2020-03-27) and find CRE21.5. Compare the text with the quotation above. A copy is kept in this register: a262782d56fff7c5-CRE21@2023-01-01~2020-03-27.txt (SHA-256 a262782d56fff7c55838564afa6ef085f255d0354426e141fea89e8fd743cd6b, copy of the official file).
  2. 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

Reported to

DateInstitutionChannelReference
2026-10-31Basel Committee on Banking Supervisione-mailhttps://mail.google.com/mail/u/0/#sent/KtbxLthRTjRNkqRtWGvxMWmXhVdckfWkGV

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-2026-0357, https://arxo.io/findings/ARXO-2026-0357/ (status as of 2026-10-31). Data: ARXO-2026-0357.json.