(a)

verify whether the institution has a clear organisational structure for the governance and management of the market risk model, including well defined, transparent and appropriate lines of responsibility;

(b)

verify whether the decision-making process of the institution regarding all aspects of market risk internal models is clearly established in the institution’s internal documentation;

(c)

verify, in accordance with Article 6:

(d)

verify, in accordance with Article 7, whether the set-up of the trading desks for which the institution is in the process of being granted the approval, or has already obtained the approval, is adequate;

(e)

assess, in accordance with Article 8, the internal governance and oversight of the institution in relation to the risk control unit;

(f)

assess, in accordance with Article 9, whether the internal policy is adequate for the introduction of new products;

(g)

verify, in accordance with Article 10, whether the internal model is reviewed independently;

(h)

assess:

(i)

assess, in accordance with Article 13, the adequacy of the internal regular reporting;

(j)

assess:

(k)

assess:

(l)

assess, in accordance with Article 19, the adequacy of the IT systems;

(m)

verify, in accordance with Article 20, whether the internal risk-measurement model, including any pricing model, has a proven track record of being reasonably accurate in measuring risks, and does not differ significantly from the models that the institution uses for its internal risk management.