7. — Directive 2006/48/EC of the European Parliament and of the Council of 14 June…

7.

Directive 2006/48/EC of the European Parliament and of the Council of 14 June 2006 relating to the taking up and pursuit of the business of credit institutions (recast) (Text with EEA relevance) · European Union

The validation of the operational risk measurement system by the competent authorities shall include the following elements: verifying that the internal validation processes are operating in a satisfactory manner; making sure that data flows and processes associated with the risk measurement system are transparent and accessible.

← anx_X__cpt_3__cpt_1__cpt_1__point_6__text_1 · All articles · anx_X__cpt_3__cpt_1__cpt_1__point_7__text_1 →

Source: EUR-Lex (Cellar) · retrieved 2026-10-09 · Text as adopted (Official Journal); later amendments are not incorporated in this text.