114. The policy should include principles on the selection, monitoring and succession planning of …

The policy should include principles on the selection, monitoring and succession planning of its members and for re-appointing existing members, and should set out at least the following:

• a. the process for the selection, appointment, re-appointment and succession planning of members of the management body and the applicable internal procedure for the assessment of the suitability of a member including the internal function responsible for providing support for the assessment (e.g. human resources);
• b. the criteria to be used in the assessment, which should include the suitability criteria set out in these Guidelines;
• c. how, as part of the selection process, the diversity policy for members of the management body of significant CRD institutions and the target for the under-represented gender in the management body are to be taken into account;
• d. the communication channel with the competent authorities; and
• e. how the assessment should be documented.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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