27. The competent authority’s assessment of the business plan should not enter into the merits of …

The competent authority’s assessment of the business plan should not enter into the merits of management choices, which remain within the scope of the autonomy of the applicant head undertaking. However, the competent authority may ask the applicant head undertaking to adopt changes to the TCB’s business plan that are necessary to en sure compliance with sound and prudent management.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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