51. When reviewing the levels of the MoC institutions should ensure all of the following: (a) that …

When reviewing the levels of the MoC institutions should ensure all of the following:

• (a) that the MoC stemming from categories A and B referred to in paragraphs 36 and 37 is included in internal reporting separately for each category and may be reduced over time and eventually eliminated once the deficiencies are rectified in all parts of the rating system that were affected;
• (b) that the MoC stemming from the general estimation error referred to in paragraph 43(b) is included in internal reporting in a separate category (’C’);
• (c) that the level of the MoC is assessed as part of the regular reviews referred to in Chapter 9 and in particular that the level of MoC related to the general estimation error remains appropriate after the inclusion of the most recent data relevant for the risk parameter estimation.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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