{
  "url": "https://openlegislation.uk/eu-decision-2015-455/annex/division-1/chapter-III/section-B/division-2/division-12",
  "json_url": "https://openlegislation.uk/eu-decision-2015-455/annex/division-1/chapter-III/section-B/division-2/division-12.json",
  "legislation": "eudn/2015/455",
  "legislation_title": "Commission Decision (EU) 2015/455 of 23 July 2014 on the State aid SA.34826 (2012/C), SA.36005 (2013/NN) implemented by Greece for Piraeus Bank Group relating to the recapitalisation and restructuring of Piraeus Bank SA (notified under document C(2014) 5217) (Only the English text is authentic) (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-decision-2015-455",
  "path": "annex/division/1/chapter/III/section/B/division/2/division/12",
  "kind": "division",
  "number": "(12)",
  "heading": null,
  "text": "The Risk Management Department shall be responsible for the assessment of credit risk and the valuation of collateral. When assessing the loan quality, the Risk Management Department shall act independently, providing its written opinion so as to ensure that criteria used in the assessment are applied consistently over time and among customers and in respect of the Bank’s credit policy.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudn/2015/455/annex/division/1/chapter/III/section/B/division/2/division/12",
    "retrieved_at": "2026-11-01T15:14:25.570335+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}