Commission Decision (EU, Euratom) 2025/369 of 21 February 2025 establishing the r... (32025D0369)
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Commission Decision (EU, Euratom) 2025/369 of 21 February 2025 establishing the role of the Chief Risk Officer overseeing the financial risks arising from the Union’s financial operations
- COMMISSION DECISION (EU, Euratom) 2025/369
- of 21 February 2025
- establishing the role of the Chief Risk Officer overseeing the financial risks arising from the Union’s financial operations
- SECTION 1
- SUBJECT MATTER AND DEFINITIONS
- Article 1
- Subject matter
- Article 2
- Definitions
- Article 3
- Close cooperation on financial risk management
- SECTION 2
- ROLE OF THE CHIEF RISK OFFICER
- Article 4
- Status and independence of the Chief Risk Officer
- Article 5
- General tasks of the Chief Risk Officer
- Article 6
- Specific tasks in respect of EU borrowing, debt management, liquidity management and asset management operations
- Article 7
- Specific tasks related to assessment of financial risks of programmes or instruments authorising budgetary guarantees and loans
- Article 8
- The High Level Risk and Compliance Policy
- Article 9
- Thematic risk and compliance policies
- Article 10
- Specific elements of thematic risk and compliance policies establishing risk framework for the Union’s budgetary guarantees and loans
- Article 11
- Implementation of the High Level Risk and Compliance Policy and thematic risk and compliance policies
- Article 12
- Advice to mitigate financial risks
- Article 13
- Reports and information on financial risks
- SECTION 3
- SUPPORT TO THE CHIEF RISK OFFICER
- Article 14
- Compliance Officer
- Article 15
- Risk and Compliance Committee
- Article 16
- Members and organisation of the Risk and Compliance Committee and the sub-committees
- Article 17
- Secretariat of the Risk and Compliance Committee
- Article 18
- Pre-consultations on the High Level Risk and Compliance Policy and of thematic risk and compliance policies
- SECTION 4
- FINAL AND TRANSITIONAL PROVISIONS
- Article 19
- Repeal
- Article 20
- Transitional provisions
- Article 21
- Entry into force and application