062611e1_anual_for_asset_quality_review__Description
[0] 4 [Working block] Credit file review [Description] 
National competent authority (NCA) bank teams will verify that credit exposures have been correctly classified (e.g. placed in the correct regulatory segment, non-performing loan status, impairment status) and that, if a specific provision is required, it has been set at an appropriate level. The credit file review work block will also be used to identify cases where a loss event trigger has not been hit, but a loss is more likely than not. For these cases, the expected future loss will be measured for incorporation into the stress test. The credit file reviews will cover all loans, advances, financial leases and other off-balance sheet items, including specialised asset finance such as shipping and project finance.
ECB publishes manual for asset quality review
Description