Skip to main content

4.3. Elements of an Independent Credit Review System

No: BCS/312 Date(g): 19/1/2004 | Date(h): 27/11/1424 Status: In-Force

Effective from Jan 01 2004 - Dec 31 2003
To view other versions open the versions tab on the right

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