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🔗 Back to Summary. 🇫🇷 French Version: 2017R0392_FR.72. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 71 – Integration of and compliance with the operational and enterprise risk-management system ⬅️ | ➡️ Article 73 – Audit and testing
Références LVL1 <=> LVL2
Level 1 reference(s): 2014R0909_EN.45
Article 72 - Operational risk-management function
As part of the risk-management function, the operational risk-management function of a CSD shall manage the CSD’s operational risk. It shall in particular:
(a)
develop strategies, policies and procedures to identify, measure, monitor and report on operational risks;
(b)
develop procedures to control and manage operational risks, including by introducing any necessary adjustments in the operational risk-management system;
(c)
ensure that the strategies, policies and procedures referred to in points (a) and (b) are properly implemented.