Section 46(4)

In accordance with its risk-based approach, the supervisory authority must take appropriate measures to review— the risk assessments carried out by relevant persons under regulation 18; the adequacy of the policies, controls and procedures adopted by relevant persons under regulation 19 to 21 and 24, and the way in which those policies, controls and procedures have been implemented.

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Source: legislation.gov.uk · retrieved 2026-09-04