Data not judgement required for Nordic banks' Basel approach

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

A European loss data consortium is set to receive a boost to its membership, courtesy of Finansinspektionen (FI), the Swedish financial supervisor. Svenska Handelsbanken and Nordea have decided to join the six-year-old Pan-European Credit Data Consortium (PECDC) because it’s the only way for them to satisfy FI’s strict criteria on credit risk modelling.

“If banks want to use advanced models to calculate regulatory capital, their models need to be based on a sufficient amount of high-quality data

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]