41. In their credit risk policies and procedures dealing with credit decision-making as referred to …

In their credit risk policies and procedures dealing with credit decision-making as referred to in paragraph 38(a) and creditworthiness assessments as referred to in paragraph 38(d), institutions should also specify the use of any automated models in the creditworthiness assessment and credit decision-making processes in a way that is appropriate to the size, nature and complexity of the credit facility and the types of borrowers. In particular, institutions should set out appropriate governance arrangements for the design and use of such models and the management of the associated model risk, taking into account the criteria set out in Section 4.3.4, and for model risk-related aspects of the EBA Guidelines on the supervisory review and evaluation process²³ .

²³ EBA/GL/2014/13.

1. Forbhreathnú

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

3. Caighdeáin ghaolmhara

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