+Article 143 3.

Article 143 3.

Institutions shall obtain the prior permission of the competent authorities for the following:

(a)

material changes to the range of application of a rating system that the institution has received permission to use;

(b)

material changes to a rating system that the institution has received permission to use.

The range of application of a rating system shall comprise all exposures of the relevant type of exposure for which that rating system was developed.

1. Overview

Summary	Regulation

Requirements
Source	Requirement

Standards
Source	Requirement