Likewise, the ECB should have barred banks from the risky CDS market, where they are heldhostage to ratings agencies’ decisions about what constitutes a “credit event.
2
新巴塞尔资本协议将信用风险作为重中之重,鼓励商业银行建立以工程化的内部评级模型。
In the New Basel Capital Accord credit risk has been listed the first important item, encouraging commercial Banks to build an engineering IRB model.