Date-stamp loading
Version date: 14 September 2015 - onwards

Section 5: The prudent person principle and the system of governance (Guidelines 27-35)

Guideline 27 - Investment risk management

1.64. The undertaking should not solely depend on the information provided by third parties, such as financial institutions, asset managers and rating agencies. In particular, the undertaking should develop its own set of key risk indicators in line with its investment risk management policy and business strategy.

1.65. When making its investment decisions, the undertaking should take into account the risks associated with the investments without relying only on the risk being adequately captured by the capital requirements.

Guideline 28 - Assessment of non-routine investment activities

1.66. Before performing any investment or investment activity of a non-routine nature the undertaking should carry out an assessment of at least:

a) its ability to perform and manage the investment or the investment activity;

b) the risks specifically related to the investment or the investment activity and the impact of the investment or the investment activity

Comparing proposed amendment...