Depending on the intensity of disruptions, there may be implications for the financial sector, often resulting in repricing of assets and affecting the growth of private sector including banking business. 6.
They will certainly include the completeness of the data, the methodological rigour of the procedures and provision for verification of the results. There remains the complicated problem of defining a common yardstick to which to relate the results of the various banks’ internal rating systems, in order to make sure that capital requirements are uniform.