2652019 Universal registration document and annual financial report - BNP PARIBAS

5.1 Annual risk survey 268 Key figures 268 Top and emerging risks 271 Risk factors 276

5.2 Capital management and capital adequacy 288 Scope of application 288 Regulatory capital 299 Capital requirement and risk-weighted assets 303 Capital adequacy and capital planning 307 Capital management 314

5.3 Risk management 316 Governance 316 Risk management organisation 317 Risk culture 318 Risk Appetite 319 Stress testing 321

5.4 Credit risk 323 Exposure to credit risk 323 Credit risk management policy 325 Credit risk diversification 328 Risk-weighted assets 339 Credit risk: Internal Ratings Based Approach (IRBA) 340 Credit risk: standardised approach 353 Credit risk: equities under the simple weighting method 357 Exposures, provisions and cost of risk 359 Restructured loans 372 Credit risk mitigation techniques 373

5.5 Securitisation in the banking book 375 BNP Paribas securitisation activities 375 Accounting methods 378 Securitisation risk management 379 Securitisation positions 380 Risk-weighted assets 382

RISKS AND CAPITAL ADEQUACY PILLAR 35