+416. Competent authorities should assess the appropriateness of the institution’s governance …

416. Competent authorities should assess the appropriateness of the institution’s governance …

Competent authorities should assess the appropriateness of the institution’s governance framework with respect to its LCP. They should take into account factors such as:

  • a. the appropriateness of escalation and prioritisation procedures detailing when and how each of the actions can and should be activated;
  • b. whether the institution has adequate policies and procedures with respect to communication within the institution and with external parties;
  • c. the degree of consistency between the LCP56 and the institution’s business continuity plans.

Funding plans


56 In case the LCP is fully integrated into the recovery plan, this will be incorporated into the liquidity ORC score. In case the LCP is not incorporated into the recovery plan and the two documents are separate, the LCP needs to be analysed separately.

1. Overzicht

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Titel Regelgeving

1.1 Referenties

1.2 Geïdentificeerde eisen

1.3 Gerelateerde standaarden

2. Geïdentificeerde eisen

Eisen
Bron Eis

3. Gerelateerde standaarden

Standaarden
Bron Eis
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