A firm must:
(1) carry out regularly the assessments required by the overall Pillar 2
rule in 3.1; and
(2) carry out regularly assessments of the processes, strategies and
systems required by the overall Pillar 2 rule in 3.1 to ensure they remain
comprehensive and proportionate to the nature, scale and complexity of the
firm’s activities.
[Note: Art 73(part) of the CRD]