207. Institutions should regularly assess the performance of the model before and after the …

Institutions should regularly assess the performance of the model before and after the overrides of outputs of the rating assignment process. Where the assessment concludes that the use of overrides significantly decreased the model’s capacity to accurately quantify the risk parameters (‘predictive power of the model’), institutions should adopt adequate measures to ensure the correct application of overrides.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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