From Open Risk Manual


BCBS NL6 is a document published by the Basel Committee on Banking Supervision on September 2005 in the Basel II category.


Validation of low-default portfolios in the Basel II Framework.


The purpose of this Newsletter is to set forth the views of the Basel Committee Accord Implementation Group's Validation Subgroup (AIGV) regarding the appropriate treatment in the internal ratings-based (IRB) approaches in the Basel II Framework of portfolios where banks may have limited loss data. This Newsletter was developed in response to industry questions and concerns regarding such portfolios.

Document Profile

  • Publication Date: September 2005
  • Publication Type: Sound Practices
  • Publication Status: Current
  • Publication Category: Basel II
  • Number of Pages: 6
  • Keywords: IRB, Credit Risk

See Also


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