+175. As part of the above supervisory procedures, institutions should be required to inform …

175. As part of the above supervisory procedures, institutions should be required to inform …

As part of the above supervisory procedures, institutions should be required to inform competent authorities without delay of any vacant positions within the management body. Institutions should also be required to notify competent authorities of the intended appointment, in cases where the competent authority assesses the suitability before the appointment, or the appointment, in cases where the competent authorities assess the suitability after the appointment, of a member of the management body. Such notifications should, in cases where the competent authority assesses the suitability before the appointment, be made not later than two weeks after the institution decided to propose the member for appointment or, in cases where the competent authorities assess the suitability after the appointment, two weeks after the appointment and include the complete documentation and information in Annex III.

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/