167. In respect of the RMF’s role in the evaluation of material changes, competent authorities …

In respect of the RMF’s role in the evaluation of material changes, competent authorities should verify that the RMF’s involvement is envisaged before decisions on exceptional transactions are taken, so as to evaluate the impact of such changes and exceptional transactions on the credit institution’s overall risk, and to report its findings directly to the management body before a decision is taken.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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