228. Institutions should, in their policies and procedures, set out approaches to using a valuer or …

Institutions should, in their policies and procedures, set out approaches to using a valuer or statistical models, define the approach (e.g. desktop valuation, drive-by valuation, internal and external assessment of the property) that is most suitable for the specific type of collateral for the revaluations done by the valuers, and set out the frequency of monitoring and revaluation of movable property collateral.

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/