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Version date: 1 January 2019 - onwards
  Version 2 of 2    

2.1.2 Continuous assessment of risks (paras. 14-16)

14. Competent authorities should continuously assess the risks to which the institution is or might be exposed through the following activities:

a. monitoring of key indicators as specified in Title 3;

b. business model analysis as specified in Title 4;

c. assessment of internal governance and institution-wide controls as specified in Title 5;

d. assessment of risks to capital as specified in Title 6; and

e. assessment of risks to liquidity and funding as specified in Title 8.

15. The assessments should be conducted in accordance with the proportionality criteria specified in Section 2.4. The assessments should be reviewed in light of new information.

16. Competent authorities should ensure that the findings of the assessments outlined above:

a. are clearly documented in a summary of findings;

b. are reflected in a score assigned in accordance with the specific guidance provided in the element-specific title of these guidelines;

c. support the assessments of other elements or prompt an

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