The move comes as banks seek to meet Basel’s Pillar II requirements.
S&P is reported to have said that the move comes as part of an attempt to assess overall risk levels better. It is particularly interested in capturing single-name concentrations, diversification through industry and geography and interest-rate risk. The agency believes this will enable it to provide its investor clients with more accurate and transparent capital ratios.
Its competitor Moody’s is starting to offer operational qua