APPENDIX 1: DATA QUALITY RATING SYSTEM

Compliance with the Condition Assessment Scheme

For SMEs, the simplified evaluation system outlined in point 3.3 can also be applied.

For SMEs, the simplified evaluation system outlined above in point 3.5 can also be applied.

Assessment and verification of constancy of performance (hereinafter AVCP) system applied, with reference to its legal base

A CCP operational risk assessment system shall be closely integrated into the risk management processes of the CCP.

On the basis of the above-mentioned analysis IDA set the companys rating according to its three-level internal system of assessment.

PD(i,t) denotes the probability of default assigned by the credit assessment system to debtor i at time t.

PD(i,t) denotes the probability of default assigned by the credit assessment system to debtor i at time t.

The harmonised standard shall include technical details necessary for the implementation of the system of assessment and verification of constancy of performance.

Technical details necessary for the implementation of the AVCP system, as provided for in the applicable EAD

Eurosystem credit assessment framework

Scope and elements The Eurosystem credit assessment framework (ECAF) defines the procedures, rules and techniques which ensure that the Eurosystem requirement of high credit standards for all eligible assets is met.

An evaluation system is in place for the purposes of assessing progress made during implementation of eradication and control programmes.