121. Credit institutions should rigorously review the quality of their approach to assessing …

Credit institutions should rigorously review the quality of their approach to assessing whether credit risk has increased significantly. A credit institution’s management body or senior management should consider whether there are additional factors that should be taken into account in the assessment of significant increases in credit risk which would improve the quality of their approach.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/