+Guideline 1: Establishment, proportionality, review and docu-mentation
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Guideline 1: Establishment, proportionality, review and docu-mentation

1.1 The manufacturer should establish, implement and review effective product oversight and governance arrangements. The arrangements should aim, when products are being designed and brought to the market, (i) to ensure that the interests, objectives and char-acteristics of consumers are taken into account, (ii) to avoid potential consumer detri-ment and (iii) to minimise conflicts of interest.

1.2 The product oversight and governance arrangement should be reviewed and updated by the manufacturer on a regular basis.

1. Přehled

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1.3 When launching a new product the manufacturer should ensure that the product over-sight and governance arrangements are considered in the new product approval policy (NPAP) in line with the EBA Guidelines on Internal Governance under Article 74 of the CRD in cases where they apply.

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1.4 All actions taken by the manufacturer in relation to the product oversight and govern-ance arrangements should be duly documented; kept for audit purposes and made avail-able to the competent authorities upon request.

1.5 Product oversight and governance arrangements should be proportionate to the nature, scale and complexity of the relevant business of the manufacturer. The implementa-tion/application of the arrangements should have regard to the level of potential risk for the consumer and complexity of the product .

1.1 Odkazy

1.2 Identifikované požadavky

1.3 Související standardy

2. Identifikované požadavky

Požadavky

3. Související standardy

Standardy
  • EBA - Published by the European Banking Authority at https://www.eba.europa.eu/