A Primer on the Standardized Approach to Credit Risk
The Bank for International Settlements (BIS) regulatory body has proposed using a standardized approach to credit risk (SA-CR) when measuring credit risk. Banks using intelligent process automation (IPA) may leverage the approach to ensure compliance with the new due diligence requirements.
Most of the recent regulatory changes or guidelines being issued by BIS (Bank for International Settlements) are focusing heavily on aspects such as increased transparency, granularity and comparability among the regulated…
