+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

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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 - Published by the European Banking Authority at https://www.eba.europa.eu/