22. The management body must have ultimate and overall responsibility for the investment firm and …

The management body must have ultimate and overall responsibility for the investment firm and defines, oversees and is accountable for the implementation of the governance arrangements as referred to in particular under Articles 26, 28 and 29 of Directive (EU) 2019/2034, within the investment firm that ensure the effective and prudent management of the investment firm.

1. Overview

1.1 References

• Article 26 Internal governance
• Article 28 Role of the management body in risk management
• Article 29 Treatment of risks

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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