Book traversal links for 4.3. Elements of an Independent Credit Review System
4.3. Elements of an Independent Credit Review System
Effective from Jan 01 2024 - Dec 31 2023
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An institution’s written policy on its independent credit review system should address the following elements: | |||
• | Qualifications of credit review personnel | ||
• | Independence of credit review personnel | ||
• | Frequency of reviews | ||
• | Scope of reviews | ||
• | Depth of reviews | ||
• | Review of findings and follow-up | ||
• | Workpaper and report distribution |