✨ Financial Regulations




2206 NEW ZEALAND GAZETTE, No. 87 24 JUNE 2011

(b) a description of the use of insurance for the purposes of mitigating operational risk.

10 Controls surrounding credit risk rating systems
If the registered bank has implemented the Advanced IRB approach or Foundation IRB approach to credit risk, a discussion of the control mechanisms for the rating systems used to measure credit risk, covering independence, accountability, and rating systems reviews.



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Online Sources for this page:

Gazette.govt.nz PDF NZ Gazette 2011, No 87





✨ LLM interpretation of page content

πŸ’° Additional Information About Operational Risk (continued from previous page)

πŸ’° Finance & Revenue
Operational risk, Insurance, Mitigation, Credit risk, Rating systems