+46. Institutions should ensure that their risk reporting process: a) is completely supported by …

46. Institutions should ensure that their risk reporting process: a) is completely supported by …

Institutions should ensure that their risk reporting process:

  • a) is completely supported by data aggregation capabilities;
  • b) accurately and precisely conveys aggregated risk data and reflects risk in an exact manner;
  • c) covers all material risks and, in particular, allows the identification of emerging vulnerabilities that could potentially be further assessed even in the same stress testing exercise;
  • d) offers or is able to offer additional information regarding main assumptions, tolerance levels or caveats; and
  • e) communicates information in a clear and concise manner including meaningful information tailored to the needs of the recipients.

1. Overview

,
Summary Regulation

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source Requirement

3. Related Standards

Standards
Source Requirement
  • EBA -

    EN: Guidelines and other publications of the European Banking Authority (EBA), https://www.eba.europa.eu/. © European Banking Authority. Reproduction is authorised provided the source is acknowledged (EBA legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the versions published by the EBA are authoritative.

    DE: Leitlinien und weitere Veröffentlichungen der Europäischen Bankenaufsichtsbehörde (EBA), https://www.eba.europa.eu/. © European Banking Authority. Wiedergabe mit Quellenangabe gestattet (Rechtlicher Hinweis der EBA). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Maßgeblich sind allein die von der EBA veröffentlichten Fassungen.