+14. Credit servicers should ensure that their management or administrative organ, as a whole …

14. Credit servicers should ensure that their management or administrative organ, as a whole …

Credit servicers should ensure that their management or administrative organ, as a whole, possesses adequate knowledge and experience to perform its duties at all times and to conduct the business in a competent and responsible manner. In accordance with Article 5(1)(b) of Directive (EU) 2021/2167, credit servicers should ensure that all members of these organs are of good repute.

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
  • 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.