Hi David,
regarding the question - Why banks should not rely solely on external credit ratings assigned to securitization exposures (option a)?
In basel 2 (p 609) it's written that we must use RBA, unless a rating can't be inferred / unavailable.
Am I missing something?
Thanks,
Ohad
regarding the question - Why banks should not rely solely on external credit ratings assigned to securitization exposures (option a)?
In basel 2 (p 609) it's written that we must use RBA, unless a rating can't be inferred / unavailable.
Am I missing something?
Thanks,
Ohad