+80. ‘ B eing independent’ mean s that a member of the management body in its supervisory function …

80. ‘ B eing independent’ mean s that a member of the management body in its supervisory function …

‘ B eing independent’ mean s that a member of the management body in its supervisory function does not have any present or recent past relationships or links of any nature with the relevant institution or its management that could influence the member ’ s objective and balanced judgement and reduce the member’s ability to take decisions independently. The fact that a member is considered as ‘ being independent ’ does not mean that the member of the management body should automatically be deemed to be ‘ independent of mind ’ as the member might lack the required behavioural skills.

1. Overview

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Summary Regulation

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source Requirement

3. Related Standards

Standards
Source Requirement
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    EN: Guidelines and other publications of the European Banking Authority (EBA), https://www.eba.europa.eu/. © European Banking Authority. Reproduction is authorised provided the source is acknowledged (EBA legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the versions published by the EBA are authoritative.

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