50. Institutions should regularly monitor the levels of the MoC. The adoption of a MoC by …

Institutions should regularly monitor the levels of the MoC. The adoption of a MoC by institutions should not replace the need to address the causes of errors or uncertainties, or to correct the models to ensure their full compliance with the requirements of Regulation (EU) No 575/2013. Following an assessment of the deficiencies or the sources of uncertainty, institutions should develop a plan to rectify the data and methodological deficiencies as well as any other potential source of additional uncertainty and reduce the estimation errors within a reasonable timeframe, taking into consideration the materiality of the estimation error and the materiality of the rating system.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA -

  EN: Guidelines and other publications of the European Banking Authority (EBA), https://www.eba.europa.eu/. © European Banking Authority. Reproduction is authorised provided the source is acknowledged (EBA legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the versions published by the EBA are authoritative.

  DE: Leitlinien und weitere Veröffentlichungen der Europäischen Bankenaufsichtsbehörde (EBA), https://www.eba.europa.eu/. © European Banking Authority. Wiedergabe mit Quellenangabe gestattet (Rechtlicher Hinweis der EBA). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Maßgeblich sind allein die von der EBA veröffentlichten Fassungen.