# Commission Delegated Regulation (EU) 2018/959 of 14 March 2018 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards of the specification of the assessment methodology under which competent authorities permit institutions to use Advanced Measurement Approaches for operational risk (Text with EEA relevance), Article 9: Senior management involvement

Extent: E+W+S+N.I.

Competent authorities shall assess the degree of involvement of senior management of an institution by confirming at least the following:
(a) that senior management is responsible for implementing the operational risk governance and management framework approved by the management body;
(b) that senior management has been empowered by the management body to develop policies, processes and procedures for managing operational risk;
(c) that senior management is implementing the policies, processes and procedures for managing operational risk referred to in point (b).

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Source: https://www.legislation.gov.uk/eur/2018/959/article/9 (the official version)
Page: https://openlegislation.uk/eu-regulation-2018-959/article-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.