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CRD6
DIRECTIVE (EU) 2024/1619 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 31 May 2024 amending Directive 2013/36/EU as regards supervisory powers, sanctions, third-country branches, and environmental, social and governance risks (Text with EEA relevance) · European Union

‘1. Competent authorities shall ensure that institutions implement policies and processes to evaluate and manage exposures to operational risk, including risks arising from outsourcing arrangements and direct and indirect crypto-asset exposures and exposures to crypto-asset service providers, and to cover low-frequency high-severity events. Institutions shall articulate what constitutes operational risk for the purposes of those policies and procedures.’

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Source: EUR-Lex CELLAR · retrieved 2026-09-04