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Sep 30, 2022 | The amount of capital that is needed for an institution to be resilient through the rough times, ...
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Sep 23, 2022 | CECL and IFRS 9, a pair of next-generation accounting standards, were supposed to provide a ...
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Sep 9, 2022 | Banks’ internal ratings-based (IRB) processes for validating credit risk models have historically ...
Credit Risk Measurement: Alternatives for PD-LGD-EAD on the Horizon?
Even after 40 years, the PD-LGD-EAD framework is still going strong – but models with more power and greater predictive accuracy are lurking. Though...
Friday, February 7, 2025
Stress Testing: A Practical Guide
Banks and regulators remain committed to stress testing. What are the different types of tests and approaches, and what elements are necessary to...
Friday, January 31, 2020
IFRS 9 and Probability of Default: A Web of Confusion
The proper calculation of probability of default is crucial for European banks that need to comply with IRFS 9, the forward-looking financial...
Friday, April 11, 2025
Probability of Default: How to Pass the Jeffreys Test and Improve Predictive Ability
To back-test PD and meet the European Central Bank's validation requirements for measurement of defaults, many banks use a predictive ability tool...
Friday, September 18, 2020
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Aug 5, 2022 | “Demography is destiny.” These words, attributed to French philosopher Auguste Comte nearly two ...
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Jul 22, 2022 | With approval from the Securities and Exchange Commission to provide central clearing of securities ...