118. For the purposes of Article 26 of Directive (EU) 2019/2034, investment firms should document …

For the purposes of Article 26 of Directive (EU) 2019/2034, investment firms should document data on loans to members of the management body and their related parties properly, including at least:

• a. the name of the debtor and their status (i.e. member of the management body or related party) and, with regard to loans to a related party, the member of the management body to whom the party is related and the nature of the relationship to the related party;
• b. the type/nature of loan and the amount;
• c. the terms and conditions applicable to the loan;
• d. the date of approval of the loan;
• e. the name of the individual or body and its composition taking the decision to approve the loan and the applicable conditions;
• f. the fact (yes/no) as to whether or not the loan has been granted at market conditions; and
• g. the fact (yes/no) as to whether or not the loan has been granted at conditions available to all staff.

1. Overview

1.1 References

• Article 26 Internal governance

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/