+183. Competent authorities should assess the risk of operational loss while handling client orders. …
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183. Competent authorities should assess the risk of operational loss while handling client orders. …
Competent authorities should assess the risk of operational loss while handling client orders. This risk may arise from system or human errors due to the complexity of processes, procedures, and IT systems (including the use of new technologies), to the extent that they might lead to errors, including delays, misspecification or security breaches.
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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