135. Issuers of ARTs should establish strengthened processes for the approval of decisions on which …

Issuers of ARTs should establish strengthened processes for the approval of decisions on which the head of the RMF has expressed a negative view. In its supervisory function, the management body should be able to communicate directly with the head of the RMF on key risk issues, including developments that may be inconsistent with the issuer of ARTs ’ risk strategy and risk appetite and the head of the RMF should be able to directly report material concerns to the management body in its management function.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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