+118. Competent authorities should formalise their supervisory follow-up process and set it out in …

118. Competent authorities should formalise their supervisory follow-up process and set it out in …

Competent authorities should formalise their supervisory follow-up process and set it out in their supervisory manual, while allowing sufficient flexibility for the supervisory judgement. Competent authorities should establish a timeline and a description of the concrete supervisory follow-up actions and measures to be taken by the subject of assessment to address each breach or weakness.

1. Overview

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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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