However, we propose to review the health of unrated exposures in banks through the pillar II process as well as the other onsite and offsite feedback mechanisms and revise the risk-weights for unrated exposures, if warranted. The domestic rating agencies are also placed in a unique situation, which impacts their default statistics.
Yet it also testifies to the commitment of leading Italian public institutions to working together to strengthen our cooperation with developing countries. 1  L. Einaudi, Prediche inutili, Opere di Luigi Einaudi, Volume II, Einaudi, Turin, 1964 (first edition 1956).