✨ Banking Risk Management




21 FEBRUARY 2014 NEW ZEALAND GAZETTE, No. 21 539

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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Gazette.govt.nz PDF NZ Gazette 2014, No 21





✨ LLM interpretation of page content

πŸ’° Controls surrounding credit risk rating systems (continued from previous page)

πŸ’° Finance & Revenue
Credit Risk, IRB Approach, Rating Systems, Risk Management, Banking