+54. To further reinforce trust in DGSs’ ability to perform their function in the case of a payout …

54. To further reinforce trust in DGSs’ ability to perform their function in the case of a payout …

To further reinforce trust in DGSs’ ability to perform their function in the case of a payout in a branch, prospective parties to the agreement may agree on a mutual right of audit of their partner DGS’s activities related to the payout before entering into the cooperation agreement, and at any point after the agreement is reached.

1. Overview

,
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 - Published by the European Banking Authority at https://www.eba.europa.eu/