157. For institutions adopting an internal rating-based approach to determining minimum own funds …

For institutions adopting an internal rating-based approach to determining minimum own funds requirements for credit risk, competent authorities should also assess whether the internal validation process is sound and effective in challenging model assumptions and identifying any potential shortcomings with respect to the credit risk management system. This assessment should be based – where available – on the information stemming from already performed supervisory activities on internal models (such as onsite inspections) and taking into account the supervisory practices detailed in the EBA Supervisory handbook for the validation of internal ratings-based systems³⁸ .

6.2.4. Summary of findings, scoring and supervisory measures

³⁸ EBA/REP/2023/29.

1. Übersicht

1.1 Referenzen

1.2 Identifizierte Anforderungen

1.3 Zugehörige Standards

2. Identifizierte Anforderungen

3. Zugehörige Standards

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