Risk Assessment Requirement for Operational Authorisation

In plain language

To get an operational authorisation, a risk assessment (such as SORA) must be completed and submitted showing how risks will be mitigated.

Requirement as structured

When applying for an operational authorisation, the operator must perform and submit a risk assessment in accordance with Article 11, including adequate mitigating measures.

Original regulatory text

When applying to a competent authority for an operational authorisation pursuant Article 12, the operator shall perform a risk assessment in accordance with Article 11 and submit it together with the application, including adequate mitigating measures.

Applies when

regulatory category

Specific