ucbs

The systems to identify, at an early stage, incipient signs of weakness require:- (i) Reliability and adequacy of the financial information periodically produced by the bank; (ii) An independent and efficient audit; (iii) Periodic and adequate inspection by the regulatory authority; and...

Classification of UCBs One of the most important requirements for the resilience of a financial system relates to its ability to identify early warning signals on the financial health of the constituent financial institutions. Once the weakness is identified, prompt corrective action needs...