Bank West aims for advanced IRB

Nonetheless, some of Australia’s smaller banks also have an eye on adopting the more advanced approaches as well, despite APRA’s comments that other banks will have to meet strict regulatory criteria to gain approval.

Most recently, Australia’s BankWest announced that it had implemented US-based software firm SAS’s risk management solution for Basel II and the SAS credit scoring for financial institutions systems as part of its drive to comply with the advanced internal ratings-based approach to

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