+Article 6 1
|
Article 6 1
1. When assessing the adequacy of the composition and the role of the senior management and the management body as referred to in Article 325bi(1), point (c), of Regulation (EU) No 575/2013, competent authorities shall:
|
(a)
|
verify whether the institution, in its documentation of the risk management system, describes:
|
(i)
|
the composition, the roles and responsibilities of the management body and senior management;
|
|
(ii)
|
the roles and responsibilities of each member of the management body and senior management;
|
|
|
(b)
|
verify whether the senior management is constituted of members that represent the highest hierarchical levels below the management body, and has defined responsibility for the proper functioning of the internal model for market risk;
|
|
(c)
|
verify whether the composition of any internal committee structure established by the management body to support its decision-making is adequate, as required by paragraph 2;
|
|
(d)
|
verify whether the role of the senior management is adequate, as required by paragraph 3;
|
|
(e)
|
verify whether the role of the management body, and of the committees constituting the internal committee structure referred to in point (c), are adequate, as required by paragraph 4.
|
Where an institution’s management body delegates any of its tasks to an internal committee, competent authorities shall, in the context of those delegated tasks, make the assessments required by this Regulation at the level of the internal committee designated by the management body.
1. Overview
1.1 References
1.2 Identified Requirements
1.3 Related Standards
2. Identified Requirements
Requirements
| Source |
Requirement |
3. Related Standards
Standards
| Source |
Requirement |
- Builddate: 17.06.2024 00:00:00 -Doknr: CELEX:32024R1085
- EULAW -
EN: Legal acts of the European Union from EUR-Lex, https://eur-lex.europa.eu/. © European Union. Re-use is authorised by Decision 2011/833/EU, provided the source is acknowledged; the consolidated texts are licensed under CC BY 4.0 (EUR-Lex legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the legislation published in the Official Journal of the European Union is deemed authentic.
DE: Rechtsakte der Europäischen Union aus EUR-Lex, https://eur-lex.europa.eu/. © Europäische Union. Weiterverwendung nach Beschluss 2011/833/EU mit Quellenangabe gestattet; die konsolidierten Fassungen stehen unter CC BY 4.0 (Rechtlicher Hinweis von EUR-Lex). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Verbindlich sind allein die im Amtsblatt der Europäischen Union veröffentlichten Rechtsakte.
|