Protection valuation approach

Type of protection valuation; method used to determine the protection value.

Domain ID

PRTCTN_VLTN_APPRCH

Definition

Type of protection valuation; method used to determine the protection value.

Variables defined on the domain

Members

Member ID Name Definition
1 Counterparty estimation Valuation method whereby the valuation is carried out by the provider of the protection.
2 Creditor valuation Valuation method whereby the valuation is carried out by the creditor: valuation undertaken by an external or staff appraiser who possesses the necessary qualifications, ability and experience to execute a valuation and who is not independent from the credit decision process.
3 Mark-to-market Valuation method whereby the protection value is based on unadjusted quoted prices for identical assets and liabilities in an active market.
4 Other type of valuation Other type of valuation not included in any other valuation categories.
5 Third-party valuation Valuation method in which the valuation is provided by an appraiser who is independent from the credit decision process.

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