37. The management or administrative organ, as a whole, should have adequate knowledge and …

The management or administrative organ, as a whole, should have adequate knowledge and experience with regard to the aspects listed under paragraphs 31 to 33 and in addition regarding:

• a. all business activities of the credit servicer and the management of the main risks related to it, including fraud detection and prevention in the context of credit risk management;
• b. the legal and regulatory environment;
• c. financial accounting and reporting;
• d. risk management, compliance and internal audit;
• e. information and communication technology (ICT) and ICT security risks;
• f. local and cross-border markets, where applicable;
• g. managerial skills and experience; and
• h. strategic planning.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• 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.