122. Competent authorities should assess the following on a risk-based approach: a. whether …

Competent authorities should assess the following on a risk-based approach:

• a. whether financial entities monitor and manage appropriately third-party arrangements, in particular those supporting critical or important functions;
• b. whether financial entities have sufficient resources in place to monitor and manage third-party arrangements supporting critical or important functions;
• c. whether financial entities identify and manage all relevant risks; and
• d. whether financial entities identify, assess, and appropriately manage conflicts of interest with regard to any third-party arrangement, e.g. in the case of intragroup agreements or arrangements within the same institutional protection scheme.

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/