+120. While the supervisory follow-up process is separate from the sanctioning process, the two …
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120. While the supervisory follow-up process is separate from the sanctioning process, the two …
While the supervisory follow-up process is separate from the sanctioning process, the two processes are not mutually exclusive and should supplement each other. Therefore, irrespective of the sanctions to be imposed on a subject of assessment, competent authorities should closely follow-up to ensure that breaches and shortcomings are sufficiently remediated.
1. Overview
1.1 References
1.2 Identified Requirements
1.3 Related Standards
2. Identified Requirements
Requirements
| Source |
Requirement |
3. Related Standards
Standards
| Source |
Requirement |
- EBA - Published by the European Banking Authority at https://www.eba.europa.eu/
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