In connection with the preparation of the provision on capital adequacy, such provisions are only now being introduced in the Czech Republic. Measuring and monitoring market risk. X Only partially fulfilled as there is need for further training of supervisory staff to deal with market activities of banks, including evaluation of internal models. Comprehensive risk management process. X Partially fulfilled.
More emphasis needs to be placed on stress testing and contingency planning.
Decision needs to be taken on adequate capital requirement for risks other than market and credit risks. Adequate internal controls. X Partially fulfilled. Certain criteria that have to be met in practice should be introduced into the laws or regulations. X Partially fulfilled.