101. Competent authorities should determine whether the management body of the institution approves …

Competent authorities should determine whether the management body of the institution approves the institution’s risk data aggregation and risk reporting framework and oversees its effective implementation, including deployment of adequate resources to support these efforts. Competent authorities should also assess whether the institution’s risk data aggregation capabilities and risk reporting practices are independently validated in accordance with the institution’s internal control framework.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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