Regulatory Alerts2015-08-14
Added · Updated
CSSF Regulation No 15-02 relating to the supervisory review and evaluation process for CRR institutions
CSSF Regulation No 15-02 establishes technical criteria for the organization and treatment of risks for CRR institutions, requiring robust governance arrangements, risk management strategies, and specialized committees for significant entities. The regulation mandates specific internal capital and liquidity adequacy assessment processes, including the development of liquidity recovery plans, stress testing, and the maintenance of unencumbered assets. It defines the scope of application for individual, consolidated, and sub-consolidated supervision based on the institution's structure and exemptions under Regulation (EU) No 575/2013.
More like this from CSSF
We email you every new CSSF publication the day it's published.
Topics
Share