10. Unless otherwise specified, terms used and defined in Directive (EU) 2021/2167 have the same …

Unless otherwise specified, terms used and defined in Directive (EU) 2021/2167 have the

same meaning in the Guidelines. In following definitions apply:	addition, for the purposes of these Guidelines, the
Management or administrative organ	means the credit servicer’s organs, which are appointed in accordance with national law, which are empowered to set the institution ’ s strategy, objectives and overall direction, and which oversee and monitor management decision-making and include the persons who effectively direct the business of the institution. means the credit servicer’s organs, which are appointed in accordance with national law, which are empowered
Management or administrative organ in its management function	to set the institution ’ s strategy, objectives and overall direction, and include the persons who effectively direct the business of the institution. means the management or administrative organ acting
Management or administrative organ in its supervisory function	in its role of overseeing and monitoring management decision-making. means a proposed or appointed member of the management or administrative organ, including
Member	representatives acting on behalf of legal persons being a member of the management or administrative organ.

1. Overview

Summary	Regulation

Requirements
Source	Requirement

Standards
Source	Requirement

EBA -
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.

DE: Leitlinien und weitere Veröffentlichungen der Europäischen Bankenaufsichtsbehörde (EBA), https://www.eba.europa.eu/. © European Banking Authority. Wiedergabe mit Quellenangabe gestattet (Rechtlicher Hinweis der EBA). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Maßgeblich sind allein die von der EBA veröffentlichten Fassungen.