21. For the purposes of ensuring that the data used in developing the model for assigning obligors …

For the purposes of ensuring that the data used in developing the model for assigning obligors or exposures to grades or pools is representative of the application portfolio covered by the relevant model, as required in Article 174(c) of Regulation (EU) No 575/2013 and Article 40(2) of the RTS on IRB assessment methodology institutions should analyse the representativeness of the data at the stage of model development in terms of all of the following:

• (a) the scope of application;
• (b) the definition of default;
• (c) the distribution of the relevant risk characteristics;
• (d) lending standards and recovery policies.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA -

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