I think most of the time they stick the device in an anechoic chamber and take measurements at certain distances. For example, under the CISPR 22 standard (that information technology equipment with a supply voltage of less than 600V falls under) it must radiate less than 30dB (uV/m) of electromagnetic radiation between 30 to 230MHz, measured at a distance of 10 metres with a quasi-peak detector, less than 37dB at 230 to 1000MHz, and so on.
There are also restrictions of how much interference is caused from the power supply (which shouldn't apply to the Raspberri Pi) and how much EM is emitted from telecommunications ports on the board (which will apply to Ethernet, but probably not USB).
I'm a little unsure why TI made efforts to avoid it.. or just because they could?
Also, that "it runs on 5v DC and has not PS it should be OK" likely is true, but somebody has to tick some boxes to confirm that the device is safe. And no, that is not a purely bureaucratic thing. For example, there are 5V driven braille displays with piezo actuators that internally produce 200V+ voltages, and could be dangerous. That voltage is present centimeters from the fingers of its users.
It doesn't have any radios so electromagnetic compatibility directive shouldn't apply, and the low-voltage directive states it's for 'equipment designed for use with a voltage rating of between 50 and 1000 V for alternating current (A.C.) and between 75 and 1500 V for direct current (D.C.)'.. since it runs on 5v DC and has no PS it should be ok there too [?: If it shipped w/ an integrated PS, this would apply? would the whole device need testing here or just the PS??].
So what does that leave and what does this testing involve?? (E: it seems to be EMC testing from rPi.org, is this all, and what would it involve?)
FWIW, to me it sounds a little like F/RS want this to be certified as a finished product so they can sell it in bundles, and profit maximise that way.