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PIB 4.5.5

An Authorised Firm must have detailed policies, processes and resources for managing problem credits which address the following:

(a) monitoring of credits and early identification of credit quality deterioration;
(b) review of classification of problem credits; and
(c) ongoing oversight of problem credits, and for collecting on past due obligations.
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]