+Article 16 2

Article 16 2

2.   Competent authorities shall verify, in particular where a trading desk has frequently exceeded trading limits, whether the frequency and magnitude of breaches of trading limits, and the measures taken by the risk control unit and management body in response to such breaches, are appropriate. The competent authority shall conduct such verification.

1. Overview

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Summary Regulation

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source Requirement

3. Related Standards

Standards
Source Requirement