TITLE VII U.K. PRUDENTIAL SUPERVISION

CHAPTER 2 U.K. Review Processes

Section II U.K. Arrangements, processes and mechanisms of institutions

Sub-Section 2 U.K. Technical criteria concerning the organisation and treatment of risks

Article 80 U.K. Residual risk

Competent authorities shall ensure that the risk that recognised credit risk mitigation techniques used by institutions prove less effective than expected is addressed and controlled including by means of written policies and procedures.