29. Institutions should adopt policies and processes to monitor adherence of all staff members …

Institutions should adopt policies and processes to monitor adherence of all staff members involved in credit-granting, monitoring and control processes to the institution’s credit risk culture (e.g. by means of self-assessments carried out by staff members). In situations in which there are noted deficiencies in the credit culture, evidenced either via an institution’s self-assessment or via supervisory actions, the institution should take well-defined, outcome-driven and timely actions to remediate these deficiencies. The credit risk strategy, credit policies and procedures should be tailored to mitigate any potential negative effects arising from a poor credit culture.

1. Forbhreathnú

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

3. Caighdeáin ghaolmhara

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