+46. Institutions should ensure that their risk reporting process: a) is completely supported by …
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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
1.1 References
1.2 Identified Requirements
1.3 Related Standards
2. Identified Requirements
Requirements
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Requirement |
3. Related Standards
Standards
| Source |
Requirement |
- EBA - Published by the European Banking Authority at https://www.eba.europa.eu/
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