188. Competent authorities should also assess whether the internal validation process is sound and …

Competent authorities should also assess whether the internal validation process is sound and effective in challenging model assumptions and identifying any potential shortcomings with respect to the market risk management system. For institutions adopting an internal approach to determining minimum own funds requirements for market risk, this assessment should be based – where available – on the information stemming from already performed supervisory activities on internal models (such as on-site inspections).

1. Oversigt

1.1 Referencer

1.2 Identificerede krav

1.3 Relaterede standarder

2. Identificerede krav

3. Relaterede standarder

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/