From banking
Activate for: SICR, significant increase in credit risk, staging assessment, stage migration, Stage 1 to Stage 2, rebuttable presumption, 30 days past due, 90 days past due, watchlist, covenant breach, stage cure, qualitative SICR. NOT for: initial recognition and measurement of financial instruments, hedge accounting, IFRS 9 classification questions, US GAAP CECL staging.
npx claudepluginhub panaversity/agentfactory-business-plugins --plugin bankingThis skill uses the workspace's default tool permissions.
Any one of the following triggers Stage 3:
Activate for: IFRS 9, ECL, expected credit loss, PD, LGD, EAD, loan loss provision, impairment, 12-month ECL, lifetime ECL, post-model adjustment, PMA, IFRS 7, provision movement, forward-looking. NOT for: US GAAP CECL calculation (ASC 326), hedge accounting under IFRS 9, classification and measurement of financial instruments.
Performs customer risk scoring with four-factor weighted model (Geographic 30%, Customer 35%, Product 25%, Channel 10%) aligned with Basel III, EBA, FATF, FinCEN. Classifies into LOW/MEDIUM/HIGH/CRITICAL bands for onboarding.
Suggests manual /compact at logical task boundaries in long Claude Code sessions and multi-phase tasks to avoid arbitrary auto-compaction losses.
Share bugs, ideas, or general feedback.
Any one of the following triggers Stage 3: [ ] 90+ days past due [ ] Formal default event (insolvency filing, legal default notice) [ ] Significant financial difficulty, no credible recovery path [ ] Forbearance / restructuring at terms bank would not otherwise offer [ ] Partial or full write-off recognised → If ANY trigger: STAGE 3 — Lifetime ECL — Interest on NET amount
Any one of the following triggers Stage 2: Quantitative: [ ] 30–89 days past due (rebuttable presumption — see below) [ ] Internal rating downgraded 2+ notches since origination [ ] PD at reporting date ≥ 2x PD at origination (many banks use this) [ ] Lifetime PD exceeds bank-defined absolute SICR threshold Qualitative: [ ] On watchlist / credit monitoring list [ ] Financial covenant breach (leverage, DSCR, LTV, interest cover) [ ] Loss of major customer / key contract [ ] Adverse regulatory action on borrower [ ] Industry under systemic stress (macro-driven transfer) [ ] Parent / key affiliate significant SICR → If ANY trigger: STAGE 2 — Lifetime ECL — Interest on GROSS amount
No triggers from Step 1 or Step 2 → STAGE 1 — 12-month ECL
IFRS 9.5.5.11: 30+ DPD creates a rebuttable presumption of SICR. Can be rebutted ONLY with documented evidence of:
All of the following must be satisfied before cure to Stage 2: a) All default triggers resolved (no longer 90+ DPD, no active forbearance) b) Satisfactory probation period completed (typically 3–6 months depending on portfolio — retail tends to 3 months, corporate 6 months) c) Updated financial information reviewed and credit assessment performed d) Credit officer sign-off on cure determination (documented) e) No new adverse information during probation period (no new covenant breaches, no adverse media, no further deterioration in financial metrics) f) If forbearance was the trigger: the borrower must have made at least 3 consecutive scheduled payments under the revised terms
All of the following must be satisfied before cure to Stage 1: a) All SICR triggers resolved (rating restored, no longer past due, covenant compliance restored) b) Probation period current (typically 3–12 months; banks with large corporate portfolios often require 6–12 months to confirm sustained improvement) c) Borrower risk profile demonstrably back to the level at origination d) No residual concerns that would indicate risk remains elevated e) Quantitative PD at reporting date no longer meets the SICR threshold relative to origination PD
When qualitative factors are present, apply this framework:
| Portfolio | Qualitative SICR Trigger | Evidence Required |
|---|---|---|
| Corporate | Loss of largest customer (>30% revenue) | Customer filing, revenue data |
| Corporate | Covenant breach — DSCR below 1.2x | Financial statements |
| Corporate | Sector downgrade by regulator or rating agency | Published report |
| Mortgage | Borrower made redundant (known to bank) | Employment status change |
| Mortgage | Property value decline >20% (negative equity) | Valuation data |
| SME | Owner/director personal insolvency | Public register search |
| SME | Key supplier ceased trading | Credit bureau data |
| Consumer | Material increase in credit bureau arrears on other products | Bureau data |
| Migration | # Facilities | Balance (M) | ECL Before | ECL After | P&L Impact |
|---|---|---|---|---|---|
| Stage 1 to 2 | X | X | 12-mo ECL | Lifetime ECL | Increase |
| Stage 1 to 3 | X | X | 12-mo ECL | Lifetime ECL | Increase |
| Stage 2 to 3 | X | X | Lifetime ECL | Higher lifetime ECL | Increase |
| Stage 3 to 2 (cure) | X | X | Lifetime ECL | Lower lifetime ECL | Decrease |
| Stage 2 to 1 (cure) | X | X | Lifetime ECL | 12-mo ECL | Decrease |
| Every migration must trace to a specific trigger event in audit documentation. |
STAGING ASSESSMENT
Facility ID: [ID]
Borrower: [Name]
Portfolio: [Retail Mortgage / Corporate / SME / Consumer]
Assessment Date: [YYYY-MM-DD]
CURRENT STAGE: [1 / 2 / 3]
PROPOSED STAGE: [1 / 2 / 3]
TRIGGERS IDENTIFIED:
Quantitative: [List each trigger with data point]
Qualitative: [List each trigger with evidence]
CURE ASSESSMENT (if applicable):
Probation start: [YYYY-MM-DD]
Probation end: [YYYY-MM-DD]
Conditions met: [Yes/No with details]
ECL IMPACT:
ECL before: [Amount]
ECL after: [Amount]
P&L impact: [Amount increase/decrease]
RECOMMENDATION: [Stage X — with rationale]
APPROVED BY: [Credit officer name and date]
ALL OUTPUTS REQUIRE REVIEW BY A QUALIFIED PROFESSIONAL BEFORE USE IN REGULATORY FILINGS OR BUSINESS DECISIONS.