Feess, Eberhard (contributor); Hege, Ulrich (contributor) - 2004
Based Approach (IRB).
Under the SA regulation, certified credit rating agencies will assign risk coefficients to bank
loans … is to benefit from the banks’ vastly improving expertise in rating the credit
risk of their assets, and to avoid the … risky projects. Initially, neither banks nor rating agencies or the regulator can
discriminate between safe and risky …