Article 84
Change policy content
When assessing an institution’s change policy, competent authorities shall verify that the change policy implements the requirements of Regulation (EU) No 575/2013 as well as the criteria laid down in Articles 1 to 5, Article 8 and Annex I to Delegated Regulation (EU) No 529/2014 and that it provides for the practical application of those requirements and criteria taking into account the following:
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(a) |
responsibilities, reporting lines and procedures for the internal approval of changes, having regard to the institution’s organisational characteristics and approach specificities; |
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(b) |
definitions, methods and, where applicable, metrics for the classification of changes; |
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(c) |
procedures to identify, monitor, notify and apply for permission on changes to competent authorities; |
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(d) |
procedures for the implementation of changes, including their documentation. |