The PPF has published an information paper which summarises the aspects of its insolvency risk model which it is reviewing with Experian. This is published in order to indicate the direction of travel of the PPF with the intention being to consult formally either late this year or early next year.
The priority areas which the PPF intends to review include:
- credit ratings and industry scorecards;
- accounting standard changes; and
- additional data and updated analysis of predictiveness.
The PPF paper can be found here.