395. In accordance with Article 39(2), point (b) of Directive (EU) 2019/2034, competent authorities …

In accordance with Article 39(2), point (b) of Directive (EU) 2019/2034, competent authorities may require the investment firm to address deficiencies identified with regard to the investment firm’s ability to identify, measure, monitor and control risk-to-market, by means including:

• a. ensuring that investment firm’s market risk properly reflects the investment firm’s appetite for market risk and is consistent with the overall risk appetite;
• b. requiring appropriate organisational framework with sufficient (both qualitative and quantitative) human and technical resources;
• c. enhancing the performance of the investment firm’s internal approaches, or of its back testing or stress-testing capacity;
• d. enhancing the quality and frequency of the reporting to the investment firm’s management body and senior management; and/or
• e. requiring more frequent and in-depth internal audits with reference to the risk-to-market and calculate additional own funds requirement.

1. Pārskats

1.1 Atsauces

1.2 Identificētās prasības

1.3 Saistītie standarti

2. Identificētās prasības

3. Saistītie standarti

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