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The heading's dash character is rendered differently and the word "polices" in paragraph 1 is corrected to "policies", with paragraph numbers reformatted onto their own line before the paragraph text.
The substantive text of paragraphs 1 through 8, including the listed points and requirements, is otherwise unchanged.
Cited: Art. 286, v1 (external, EUR-Lex) · Art. 286, v2 (external, EUR-Lex)
v1 is the previous version, v2 this one.
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Previous version 32013R0575 → this version, detected 13 August 2026 02013R0575-20130628
Article 286
Management of CCR – — Policies, processes and systems
1. An institution shall establish and maintain a CCR management framework, consisting of:
(a) policies, processes and systems to ensure the identification, measurement, management, approval and internal reporting of CCR;
(b) procedures for ensuring that those policies, processes and systems are complied with.
Those polices, policies, processes and systems shall be conceptually sound, implemented with integrity and documented. The documentation shall include an explanation of the empirical techniques used to measure CCR.
2. The CCR management framework required by paragraph 1 shall take account of market, liquidity, … 491 unchanged words … and shall be reflected in the CCR policies and limits set by the management body or senior management. Where stress tests reveal particular vulnerability to a given set of circumstances, the institution shall take prompt steps to manage those risks.