2. Competent authorities should consider whether the originator institution has sufficient …

Competent authorities should consider whether the originator institution has sufficient knowledge of the underlying assets in order to be able to conduct an appropriate credit risk transfer analysis and should also consider whether there is idiosyncratic risk in the portfolio which is not captured by the originator institution’s credit risk assessment or capital calculations. Idiosyncratic risk should be captured through more conservative assumptions than a standard “base case” scenario. This conservatism should seek to capture idiosyncratic risk which may correspond with a “stress case” scenario if applicable.

1. Forbhreathnú

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

3. Caighdeáin ghaolmhara

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