+4. Internal governance for credit granting and monitoring
---+24. In addition to the provisions set out in the EBA Guidelines on internal governance …
---+4.1 Credit risk governance and culture
------+25. The management body, as referred to in the EBA Guidelines on internal governance, in relation …
------+26. Institutions should develop a credit risk culture as part of the overall risk culture through …
------+27. The credit risk culture should include an adequate ‘tone from the top’ and ensure that credit …
------+28. Institutions should ensure that a credit risk culture is implemented effectively across all …
------+29. Institutions should adopt policies and processes to monitor adherence of all staff members …
---+4.2 Credit risk appetite, strategy and credit risk limits
------+30. The credit risk appetite, credit risk strategy and the overall credit risk policy should be …
------+31. The credit risk appetite should be implemented with the support of appropriate credit risk …
------+32. Institutions should ensure that the credit risk appetite and associated metrics and limits are …
------+33. For the purposes of managing concentration risk, institutions should set quantitative internal …
---+4.3 Credit risk policies and procedures
------+34. Institutions should set out, in their credit risk policies and procedures, the criteria for …
------+35. The objective followed in credit risk policies and procedures should be to promote a proactive …
------+36. Credit risk policies and procedures should cover all lending activities, asset classes, client …
------+37. Credit risk policies and procedures should include specific lending policies and procedures …
------+38. Credit risk policies and procedures should specify: a. policies and procedures and rules for …
------+39. Within their credit risk policies and procedures and building on the credit risk strategy …
------+40. For the credit products that are offered to consumers, institutions should ensure that the …
------+41. In their credit risk policies and procedures dealing with credit decision-making as referred to …
------+42. Institutions should ensure that the credit risk policies and procedures are designed to …
------+43. Institutions should review the credit risk policies and procedures on a regular basis, and for …
------+44. Institutions should also specify in their policies how they identify, assess and manage the …
------+45. Institutions should have internal processes to ensure that the information obtained for the …
------+46. Institutions should have policies and procedures in place to ensure that the disbursement of …
------+47. As part of their policies and procedures, institutions should have in place an overarching …
------+48. The scope and implementation of the definition of a leveraged transaction by an institution …
------+49. Institutions should define their appetite and strategy for leveraged transactions in a way that …
------+50. Institutions should define their risk appetite for syndicating leveraged transactions and …
------+51. Institutions should establish a sound governance structure for leveraged transactions, enabling …
------+52. Institutions should ensure that all leveraged transactions are adequately reviewed, in line …
------+53. When using technology-enabled innovation for credit-granting purposes, institutions should do …
------+54. When using automated models for creditworthiness assessment and credit decision-making …
------+55. Institutions should have adequate model documentation that covers: a. methodology, assumptions …
------+56. Institutions should incorporate ESG factors and associated risks in their credit risk appetite …
------+57. Institutions should take into account the risks associated with ESG factors on the financial …
------+58. Institutions that originate or plan to originate environmentally sustainable credit facilities …
------+59. Institutions should position their environmentally sustainable lending policies and procedures …
------+60. Institutions should have appropriate data infrastructure as well as relevant policies and …
------+61. The data infrastructure should be detailed and sufficiently granular to capture specific …
------+62. For the purposes of designing and maintaining this data infrastructure, institutions should …
---+4.4 Credit decision-making
------+63. Institutions should establish a clear and well-documented credit decision-making framework that …
------+64. The structure of credit decision-makers should be in line with and integrated into credit risk …
------+65. The credit decision-making framework should clearly articulate the decision-making powers and …
------+66. When delegating credit decision-making powers, including limits, to members of staff …
------+67. The credit decision-making framework should account for the risk perspective in the …
------+68. The framework should also specify the working modalities of the credit committees and the roles …
------+69. If the institutions grant specific veto rights in relation to positive credit decisions to the …
------+70. Institutions should ensure that decisions taken by credit decision-makers are impartial and …
------+71. Notwithstanding the governance structures implemented in institutions to operationalise the …
---+4.5 Credit risk management and internal control frameworks
------+72. In accordance with the EBA Guidelines on internal governance, institutions should implement a …
------+73. Risk management and internal controls for credit risk should be integrated into the …
------+74. Institutions should establish regular and transparent reporting mechanisms so that the …
------+75. Institutions should define, in a clear and transparent manner, the allocation of …
------+76. The business lines and units originating the credit risk should be primarily responsible for …
------+77. The institutions should have a risk management function, in line with the EBA Guidelines on …
------+78. For the purposes of paragraph 75, institutions should consider the following areas/tasks: a. …
---+4.6 Resources and skills
------+79. Institutions should have sufficient resources and staff allocated to credit risk taking and, in …
------+80. Institutions should ensure that the staff members involved in credit granting, in particular …
------+81. Staff involved in credit granting, including credit decision-making, credit risk management and …
---+4.7 Remuneration
------+82. As part of the requirements of institutions’ remuneration policies set out in Articles 74, 75 …
------+83. Institutions’ remuneration policies and practices should, in particular, ensure that the …

4. Internal governance for credit granting and monitoring

4. Internal governance for credit granting and monitoring

1. Forbhreathnú

,
24. In addition to the provisions set out in the EBA Guidelines on internal governance …

In addition to the provisions set out in the EBA Guidelines on internal governance, institutions should apply further conditions in relation to credit granting and monitoring, as set out in this section.
4.1 Credit risk governance and culture

4.1.1 Responsibilities of the management body
4.2 Credit risk appetite, strategy and credit risk limits

4.2 Credit risk appetite, strategy and credit risk limits
4.3 Credit risk policies and procedures

4.3 Credit risk policies and procedures
4.4 Credit decision-making

4.4 Credit decision-making
4.5 Credit risk management and internal control frameworks

4.5 Credit risk management and internal control frameworks
4.6 Resources and skills

4.6 Resources and skills
4.7 Remuneration

4.7 Remuneration

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

Ceanglais

3. Caighdeáin ghaolmhara

Caighdeáin
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