148. Competent authorities should assess whether the institution has a sound, clearly formulated …

Competent authorities should assess whether the institution has a sound, clearly formulated and documented credit risk appetite, strategy and limits approved by the management body. For this assessment, among other factors, competent authorities should take into account the role of the management body in setting, approving and reviewing the credit risk strategy and appetite, the proper implementation of this strategy by the senior management as well as its appropriateness for the institution given its business model, overall risk appetite, current and prospective market environment and financial condition.

Organisational and internal control framework

1. Panoramica

1.1 Riferimenti

1.2 Requisiti identificati

1.3 Standard correlati

2. Requisiti identificati

3. Standard correlati

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