> ## Documentation Index > Fetch the complete documentation index at: https://docs.fincept.in/llms.txt > Use this file to discover all available pages before exploring further. # Test for Significant Increase in Credit Risk > Determines whether a financial asset has experienced a Significant Increase in Credit Risk (SICR) under IFRS 9, which triggers the transition from Stage 1 (12-month ECL) to Stage 2 (lifetime ECL). Tests both absolute and relative thresholds: absolute threshold checks if PD increase exceeds a fixed amount (e.g., 0.5%), relative threshold checks if current PD is a multiple of origination PD (e.g., 2x). Either trigger results in SICR. Use this for loan staging decisions, ECL provisioning methodology, and audit documentation of stage transitions. [Tier: ENTERPRISE, Credits: 10] ## OpenAPI ````yaml api-specs/regulatory.json post /quantlib/regulatory/ifrs9/sicr openapi: 3.1.0 info: title: FinceptQuantLib API - Regulatory description: >- Pro-tier regulatory compliance and capital adequacy endpoints covering Basel III capital ratios and RWA calculations, SA-CCR counterparty credit risk exposure metrics, IFRS 9 expected credit loss provisioning, liquidity coverage ratios (LCR/NSFR), and stress testing capital projections. All endpoints require Pro tier access and consume 5 credits per request. version: 3.0.0 contact: name: Fincept API Support url: https://fincept.in servers: - url: https://api.fincept.in description: Fincept API Production Server security: - APIKeyHeader: [] tags: - name: quantlib-regulatory description: >- Regulatory compliance and capital adequacy calculations for Basel III, SA-CCR, IFRS 9, liquidity ratios, and stress testing. Pro tier required. x-displayName: Regulatory paths: /quantlib/regulatory/ifrs9/sicr: post: tags: - quantlib-regulatory summary: Test for Significant Increase in Credit Risk description: >- Determines whether a financial asset has experienced a Significant Increase in Credit Risk (SICR) under IFRS 9, which triggers the transition from Stage 1 (12-month ECL) to Stage 2 (lifetime ECL). Tests both absolute and relative thresholds: absolute threshold checks if PD increase exceeds a fixed amount (e.g., 0.5%), relative threshold checks if current PD is a multiple of origination PD (e.g., 2x). Either trigger results in SICR. Use this for loan staging decisions, ECL provisioning methodology, and audit documentation of stage transitions. [Tier: ENTERPRISE, Credits: 10] operationId: ifrs9_sicr requestBody: required: true content: application/json: schema: type: object required: - origination_pd - current_pd properties: origination_pd: type: number description: Probability of Default at origination/initial recognition minimum: 0 maximum: 1 example: 0.008 current_pd: type: number description: Current Probability of Default minimum: 0 maximum: 1 example: 0.022 threshold_absolute: type: number description: >- Absolute PD increase threshold (e.g., 0.005 = 0.5%). SICR if current_pd - origination_pd > threshold default: 0.005 example: 0.005 threshold_relative: type: number description: >- Relative PD increase threshold (e.g., 2.0 = doubling). SICR if current_pd / origination_pd > threshold default: 2 example: 2 examples: sicr_triggered: summary: SICR triggered - PD more than doubled value: origination_pd: 0.008 current_pd: 0.022 threshold_absolute: 0.005 threshold_relative: 2 no_sicr: summary: No SICR - moderate increase within thresholds value: origination_pd: 0.01 current_pd: 0.015 threshold_absolute: 0.005 threshold_relative: 2 sicr_absolute_only: summary: SICR via absolute threshold value: origination_pd: 0.002 current_pd: 0.01 threshold_absolute: 0.005 threshold_relative: 5 responses: '200': description: SICR assessment completed successfully content: application/json: schema: type: object properties: success: type: boolean example: true data: type: object properties: significant_increase: type: boolean description: Whether SICR has occurred (triggers Stage 2) example: true origination_pd: type: number description: Origination PD used in assessment example: 0.008 current_pd: type: number description: Current PD used in assessment example: 0.022 examples: sicr_true: summary: SICR detected value: success: true data: significant_increase: true origination_pd: 0.008 current_pd: 0.022 sicr_false: summary: No SICR value: success: true data: significant_increase: false origination_pd: 0.01 current_pd: 0.015 '401': $ref: '#/components/responses/UnauthorizedError' '402': $ref: '#/components/responses/InsufficientCreditsError' '422': $ref: '#/components/responses/ValidationError' components: responses: UnauthorizedError: description: Authentication information is missing or invalid content: application/json: schema: type: object properties: detail: type: string example: Invalid API key InsufficientCreditsError: description: Insufficient API credits to complete request content: application/json: schema: type: object properties: detail: type: string example: Insufficient credits. This endpoint requires 5 credits. ValidationError: description: Request validation error content: application/json: schema: type: object properties: detail: type: array items: type: object properties: loc: type: array items: type: string msg: type: string type: type: string example: detail: - loc: - body - cet1_capital msg: field required type: value_error.missing securitySchemes: APIKeyHeader: type: apiKey in: header name: X-API-Key description: >- API key for authentication. Get your key at https://api.fincept.in/auth/register ````