FIRB: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Update.) |
||
| Line 3: | Line 3: | ||
Foundation Internal Ratings Based. | Foundation Internal Ratings Based. | ||
FIRB is a simpler version of the Internal Ratings Based (IRB) approach to determining capital requirements for banks and other financial institutions. | |||
The FIRB approach includes certain credit risk assessments made internally by the regulated institution, in combination with other standardised externally generated data. | The FIRB approach includes certain credit risk assessments made internally by the regulated institution, in combination with other standardised externally generated data. | ||
Revision as of 22:57, 21 August 2016
Capital adequacy - credit risk.
Foundation Internal Ratings Based.
FIRB is a simpler version of the Internal Ratings Based (IRB) approach to determining capital requirements for banks and other financial institutions.
The FIRB approach includes certain credit risk assessments made internally by the regulated institution, in combination with other standardised externally generated data.
