243. Institutions should consider, in the design and implementation of their credit risk monitoring …

Institutions should consider, in the design and implementation of their credit risk monitoring framework, that:

• a. the framework and data infrastructure provide the capability to gather and automatically compile data regarding credit risk without undue delay and with little reliance on manual processes;
• b. the framework and data infrastructure allow the generation of granular risk data that is compatible and used for the institution’s own risk management purposes but can also meet the requirements of the competent authorities for regular prudential and statistical reporting, as well as for supervisory stress testing and crisis management purposes;
• c. the framework and data infrastructure ensure effective monitoring of all credit exposures and collateral, and allow the credit decision-making process to be followed;
• d. the framework and data infrastructure ensure that institutions maintain an appropriate time series of reporting for current exposures, new types of lending and early warning indicators (EWIs) over their credit risk planning horizon.

1. Forbhreathnú

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

3. Caighdeáin ghaolmhara

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