150. Competent authorities should assess whether the institution has appropriate policies and …

Competent authorities should assess whether the institution has appropriate policies and procedures for the credit granting, identification, measurement, reporting and control of credit risk and whether these are consistent with the institution’s credit risk strategy and cover all the main businesses and processes. This includes the assessment of whether these policies are clearly formalised, communicated and applied consistently across the institution and the banking group it belongs to. For this assessment, competent authorities should take into account whether the management body approves these policies and discusses and reviews them regularly, in line with risk strategies as well as whether senior management is responsible for drawing up and implementing the policies and procedures, as defined by the management body.

1. Pregled

1.1 Reference

1.2 Utvrđeni zahtjevi

1.3 Povezani standardi

2. Utvrđeni zahtjevi

3. Povezani standardi

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