191. The table below presents a non-exhaustive list of supervisory measures that competent …

The table below presents a non-exhaustive list of supervisory measures that competent authorities may take in case of identified deficiencies in the institution’s market risk management framework. Competent authorities should decide on the type of the measure based on its effectiveness to the specific identified deficiency. Competent authorities may apply other supervisory measures (including quantitative measures in accordance with Article 104(1)(a) of the Directive 2013/36/EU) or a combination of them if these are deemed more appropriate to address the identified deficiencies. Table 9. Potential and non-exhaustive supervisory measures for market risk Potential supervisory measures for competent authorities in accordance with Article 104(1)(b), (d), (e), (f), (j), (l) (m), (n) of Directive 2013/36/EU – Competent authorities may require the institution to: A. enhance the quality and frequency of the market risk reporting to the institution’s management body and senior management; B. enhance the performance of the institution’s internal approaches, or of its back -testing or stress testing capacity; C. perform more frequent and in-depth internal audits of market activity; D. restrict investment in certain products when the institution’s policies and procedures do not ensure that the risk from those products will be adequately covered and controlled; E. divest financial products when the valuation processes of the institution do not produce conservative valuations that comply with the standards of Regulation (EU) No 575/2013; F. reduce the level of inherent market risk (e.g. through hedging or sale of assets or increase of derivatives settled through central counterparties (CCPs)) when significant shortcomings have been found in the institution’s measurement or control systems ; G. present a plan to reduce its exposures to distressed assets and/or illiquid positions gradually.

1. Overzicht

1.1 Referenties

1.2 Geïdentificeerde eisen

1.3 Gerelateerde standaarden

2. Geïdentificeerde eisen

3. Gerelateerde standaarden

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