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Navigating the Complexities of Credit Risk Assessment: The EBA’s Stance on SICR and the Role of Auditors
December 12, 2023by Dr Dawkins Brown
In the intricate world of banking regulation, the European Banking Authority (EBA)’s recent concerns regarding banks’ methodologies for assessing a significant increase in credit risk (SICR) shine a spotlight on a critical aspect of financial risk management. This article delves into the EBA’s apprehensions about the use of narrow triggers for SICR, which could lead...
