Consulting Firm of the Year – PwC


A well-documented problem for emerging markets across Asia as their banks undertake the various stages of Basel compliance is data availability. Necessary for both statistical modelling and scorecard creation, data – in particular historical default data – just doesn't exist in many jurisdictions because data collection at the required level of detail didn't start until after the Asian Financial Crisis in 1997, while the region shrugged off the worst aspects of the 2008 crisis. In short, the

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