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
The week on Risk.net, July 7-13, 2018Receive this by email