+221. Competent authorities should form a view on the degree of operational risk related to trading …
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221. Competent authorities should form a view on the degree of operational risk related to trading …
Competent authorities should form a view on the degree of operational risk related to trading on own account. 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, delays, misspecification, 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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