Abstract
Banks that implement judgmental rating systems based on discretionary assessments by expert sector/credit analysts should make sure that an appropriate control framework is put in place. This is especially true for those banks that intend to obtain permission to use the internal ratings based approach to evaluate their capital requirement calculations.
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© 2012 Luisa Izzi, Gianluca Oricchio and Laura Vitale
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Izzi, L., Oricchio, G., Vitale, L. (2012). The Internal Rating Agency: Organization and Scope. In: Basel III Credit Rating Systems. Palgrave Macmillan Finance and Capital Markets Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230361188_7
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DOI: https://doi.org/10.1057/9780230361188_7
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-33326-4
Online ISBN: 978-0-230-36118-8
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