+130. Competent authorities should achieve a comprehensive understanding of how the credit …

130. Competent authorities should achieve a comprehensive understanding of how the credit …

Competent authorities should achieve a comprehensive understanding of how the credit institution is organised and a clear view on its governance and operational structure, as well as other arrangements, processes and mechanisms, which should be well designed. The applicant should be adequately equipped to be considered sufficiently able to perform the targeted activities in a sound and prudent manner.

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
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