Finalyse - Composing Solutions for Finance

Data Waivers for Internal Models

Finalyse - Composing solutions for Finance
18.10.2016

The European Commission has published RTS on the conditions for data waiver permissions. Banks relying on the Internal-Ratings Based (IRB) approach can now apply for permission to use relevant data covering two, instead of five, years for calculating probability of default, own-loss given default and own-conversion factor estimates. This option intends to promote the use of internal rather than standardized models. Find out more about regulatory compliance with Basel III/CRD IV and Finalyse services for credit risk modelling and credit risk model validation!


Category: Group News

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