152. Competent authorities should put in place an objective review process of their RBS Model …

Competent authorities should put in place an objective review process of their RBS Model, which is based on clear and transparent internal procedures. Such procedures should at least set out:

• a) when the revision is due or what events would trigger the review;
• b) what is the scope of the revision or how to determine the scope; and
• c) who in the competent authority is in charge of the revision process. Competent authorities should consider whether the team or person within the competent authority who was responsible for setting up the RBS Model should also be responsible for the review of the model or whether a different person or team, such as the competent authority’s internal quality assurance, internal audit or risk-management team should be responsible for the review.

1. Oversigt

1.1 Referencer

1.2 Identificerede krav

1.3 Relaterede standarder

2. Identificerede krav

3. Relaterede standarder

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