168. Competent authorities should assess Risk-to-Client arising from all types of exposures …

Competent authorities should assess Risk-to-Client arising from all types of exposures, including off-balance sheet exposures: assets under management, client money held, assets safeguarded and administered, and client orders handled. They should also consider the national laws governing segregation applicable to client money, and the availability for the investment firm of a professional indemnity insurance as an effective tool in the management of risks, in accordance with Article 29(1) of Directive (EU) 2019/2034.

1. Overview

1.1 References

• Article 29 1.

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• 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.