Article 190 2.

testing and monitoring grades and pools;

production and analysis of summary reports of the institution's rating systems;

implementing procedures to verify that grade and pool definitions are consistently applied across departments and geographic areas;

reviewing and documenting any changes to the rating process, including the reasons for the changes;

reviewing the rating criteria to evaluate if they remain predictive of risk. Changes to the rating process, criteria or individual rating parameters shall be documented and retained;

active participation in the design or selection, implementation and validation of models used in the rating process;

oversight and supervision of models used in the rating process;

ongoing review and alterations to models used in the rating process.