{
  "url": "https://openlegislation.uk/eu-decision-2015-455/annex/division-1/chapter-III/section-B/division-2/division-18",
  "json_url": "https://openlegislation.uk/eu-decision-2015-455/annex/division-1/chapter-III/section-B/division-2/division-18.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/18",
  "kind": "division",
  "number": "(18)",
  "heading": null,
  "text": "The Bank shall monitor credit risk through a well-developed set of alerts and reports, which enable the Risk Management Department to: (i) identify early signals of loan impairment and default events; (ii) assess recoverability of the loan portfolio (including but not limited to alternative repayment sources such as co-debtors and guarantors as well as collateral pledged or available but not pledged); (iii) assess the overall exposure of the Bank on an individual customer or on a portfolio basis; and (iv) propose corrective and improvement actions to the Board of Directors as necessary. The Monitoring Trustee shall be given access to that information.",
  "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/18",
    "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."
}