(23)The existence of internal systems for monitoring and controlling interest-rate risks on all business of institutions is a particularly important way of minimising such risks. Consequently, such systems should be supervised by the competent authorities.
◷
New version applies from 20/03/2008 — introduced by Directive 2008/23/EC.
89 provisions change.
Later versions: 28/04/2009, 07/12/2009, 04/01/2011, 01/01/2014.
Recital 23 changes in this version: compare with the current text.