Scoring of resolution plans determines comparative ranking and permitted improvements under disclosed parameters and thresholds. Regulation 42 requires the committee to disclose a basis for evaluation in the invitation for resolution plans, specifying parameters, their application ... Summary
Scoring of resolution plans determines comparative ranking and permitted improvements under disclosed parameters and thresholds.
Regulation 42 requires the committee to disclose a basis for evaluation in the invitation for resolution plans, specifying parameters, their application and any formulae to compute scores; it may also set minimum parameter thresholds that disqualify plans that do not meet them. The regulation defines significantly better as a committee approved absolute or percentage advantage in score, and prescribes a tick size as the minimum absolute or percentage improvement required for one plan to improve upon another, with illustrative calculations for each concept.
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