The new PV prescription for IR singularities of NLO splitting functions

In this note we outline the Monte Carlo project {\tt KrkMC}. The goal of this project is to construct a QCD Parton Shower accurate to NLO level in both coefficient function and splitting function (shower) parts. We discuss in detail one of its aspects --- the evolution kernels. The kernels had to be recalculated in a new regularisation scheme, called NPV. In this scheme all the singularities in the plus component of the integration momenta are regularised by means of principal value prescription. This is in contrast to the standard approach, in which only the spurious axial singularities are regularised by principal value. As a result, the triple poles in the dimensional regularisation parameter $\epsilon$ are replaced by a combination of $\epsilon$-poles and logarithms of geometrical cut-off $\delta$. The resulting exclusive parton densities are more suitable for stochastic applications in four dimensions. Simultaneously, at the inclusive level, the standard and new prescriptions give the same results provided appropriate real and virtual contributions are added.