81. When assessing the independence of mind as referred to in paragraph 79, institutions should …

When assessing the independence of mind as referred to in paragraph 79, institutions should assess whether or not all members of the management body have:

• a. the necessary behavioural skills, including:
• i. courage, conviction and strength to effectively assess and challenge the proposed decisions of other members of the management body;
• ii. being able to ask questions of the members of the management body in its management function; and
• iii. being able to resist groupthink;
• b. conflicts of interest to an extent that would impede their ability to perform their duties independently and objectively.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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