151. Where the investment firm does not establish an internal risk management function (RMF) or …

Where the investment firm does not establish an internal risk management function (RMF) or internal audit function (IAF), the responsibilities of these functions as set out in these guidelines are with the staff in charge of the established procedures and ultimately the management body, who may delegate the operational tasks internally or externally.

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/