External Credit Assessment Institution
From ACT Wiki
Bank capital adequacy.
(ECAI).
A credit rating agency or other external institution whose credit assessments are eligible for use by a regulated bank in calculating its credit risk exposures for capital adequacy purposes.
See also
- Bank supervision
- Capital adequacy
- Corporate credit ratings: a quick guide
- CRD IV
- Credit Quality Step (CQS)
- Credit rating agency
- Ratings