114. As part of the conflicts of interest framework, the management body should set appropriate …

As part of the conflicts of interest framework, the management body should set appropriate thresholds (e.g. per product type, volume, or depending on the conditions) above which the transaction with a member of the management body or its related parties always requires approval by the management body. Decisions on material loans and other material transactions with members of the management body that are not being concluded under normal market terms, but subject to conditions available to all staff, should always be made by the management body.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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