+130. In view of having internal governance arrangements pursuant to Article 74 and 88 of Directive …

130. In view of having internal governance arrangements pursuant to Article 74 and 88 of Directive …

In view of having internal governance arrangements pursuant to Article 74 and 88 of Directive 2013/36/EU, institutions should, in relation to CSRBB, ensure the following:

(a) That their management body bears the ultimate responsibility for the oversight of the CSRBB management framework and the institution’s risk appetite framework to adequately cover the risks. The management body may, however, delegate the monitoring and management of CSRBB to senior management, expert individuals or an asset and liability management committee under the conditions further specified in paragraph 132.
(b) That they have in place a CSRBB management framework that establishes clear lines of responsibilities and that consists of policies, processes and internal controls including regular independent reviews and evaluations of the effectiveness of the framework.
(c) That the arrangements, processes and mechanisms referred for the assessment of CSRBB are comprehensive and proportionate to the nature, scale and complexity of the risks inherent in the business model and the institution's activities.

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.