6 Assessment of the collective adequate knowledge and experience of the management or administrative organ

1. Overview

Summary	Regulation
41. Where applicable, in assessing the collective adequate knowledge and experience, credit …	Where applicable, in assessing the collective adequate knowledge and experience, credit servicers should assess the composition of the management organ in its management and its supervisory functions separately.
42. Credit servicers should perform an assessment using their own appropriate methodology in line …	Credit servicers should perform an assessment using their own appropriate methodology in line with the criteria set out in these Guidelines and document the results.
43. When assessing a member`s knowledge and experience, credit servicers should, within the same …	When assessing a member`s knowledge and experience, credit servicers should, within the same time period, also assess the collective suitability of the management or administrative organ. In particular, it should be assessed what knowledge and experience the individual brings to the collective one or, in the case of a member that has left the management or administrative organ, the knowledge and experience that might, following the change of composition of the organ, be missing.

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.