+Section 1 Permission by competent authorities to use the IRB approach
---+Article 142 Definitions
------+Article 142 1.
------+Article 142 2.
---+Article 143 Permission to use the IRB Approach
------+Article 143 1.
------+Article 143 2.
------+Article 143 3.
------+Article 143 4.
------+Article 143 5.
---+Article 144 Competent authorities' assessment of an application to use an IRB Approach
------+Article 144 1.
------+Article 144 2.
---+Article 145 Prior experience of using IRB approaches
------+Article 145 1.
------+Article 145 2.
------+Article 145 3.
---+Article 146 Measures to be taken where the requirements of this Chapter cease to be met
---+Article 147 Methodology to assign exposures to exposure classes
------+Article 147 1.
------+Article 147 2.
------+Article 147 3.
------+Article 147 3a.
------+Article 147 4.
------+Article 147 5.
------+Article 147 5a.
------+Article 147 6.
------+Article 147 7.
------+Article 147 8.
------+Article 147 9.
------+Article 147 10.
------+Article 147 11.
------+Article 147 12.
---+Article 148 Conditions for implementing the IRB Approach across different classes of exposure and business units
------+Article 148 1.
------+Article 148 2.
------+Article 148 3.
---+Article 149 Conditions to revert to the use of less sophisticated approaches
------+Article 149 1.
------+Article 149 2.
------+Article 149 3.
---+Article 150 Conditions for permanent partial use
------+Article 150 1.
------+Article 150 1a.
------+Article 150 2a.

Section 1 Permission by competent authorities to use the IRB approach

Section 1 Permission by competent authorities to use the IRB approach

1. Overview

,
Article 142 Definitions -
Article 143 Permission to use the IRB Approach -
Article 144 Competent authorities' assessment of an application to use an IRB Approach -
Article 145 Prior experience of using IRB approaches -
Article 146 Measures to be taken where the requirements of this Chapter cease to be met

Article 146

Measures to be taken where the requirements of this Chapter cease to be met

Where an institution ceases to comply with the requirements laid down in this Chapter, it shall notify the competent authority and do one of the following:

(a) 

present to the satisfaction of the competent authority a plan for a timely return to compliance and realise this plan within a period agreed with the competent authority;

(b) 

demonstrate to the satisfaction of the competent authorities that the effect of non-compliance is immaterial.
Article 147 Methodology to assign exposures to exposure classes -
Article 148 Conditions for implementing the IRB Approach across different classes of exposure and business units -
Article 149 Conditions to revert to the use of less sophisticated approaches -
Article 150 Conditions for permanent partial use -

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards