179. Where established, the head of the RMF should be responsible for providing comprehensive and …

Where established, the head of the RMF should be responsible for providing comprehensive and understandable information on risks and advising the management body, enabling this body to understand the investment firm ’s overall risk profile. The same applies to the head of the RMF of a parent investment firm regarding the consolidated situation. Where no independent function has been established, the responsibilities of the head of the risk management function lie with the staff to whom the risk management procedures are entrusted or the members of the management body directly.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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