86. Investment firms should develop an integrated and investment firm-wide risk culture, based on a …

Investment firms should develop an integrated and investment firm-wide risk culture, based on a full understanding and holistic view of the risks they face including the risks to clients, to markets, the risk to the investment firm itself and the liquidity risks, in particular those which can have a material impact on or deplete the level of own funds available and how they are managed, taking into account the investment firm ’s risk capacity and risk appetite.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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