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  • CM-6 CM-6 Independent Assessments

    • CM-6.1 CM-6.1 Independent assessments

      • CM-6.1.1

        [This Paragraph was deleted in January 2022].

        Added: June 2022

      • CM-6.1.2

        The independent reviews of the credit risk management framework and compliance with Module CM undertaken in accordance with Paragraphs HC-6.6.33 and HC-6.6.34 must cover the following:

        (a) The adequacy of internal systems and procedures for identifying, measuring, monitoring and mitigating credit risk;
        (b) The appropriateness of the procedures, processes, systems and tools for controlling credit risk;
        (c) The credit risk rating and scoring model governance;
        (d) The integrity and usefulness of management information reports on credit risk; and
        (e) The adherence to credit risk appetite and limits framework, credit risk policies and procedures and compliance with this Module.
        Added: June 2022

      • CM-6.1.3

        [This Paragraph was deleted in January 2022].

        Added: June 2022

      • CM-6.1.4

        [This Paragraph was deleted in January 2022].

        Added: June 2022