+Definitions
---+10. Terms used and defined in Directive 2013/36/EU, Regulation (EU) No 575/2013 and Directive (EU) …

Definitions

1. Overview

10. Terms used and defined in Directive 2013/36/EU, Regulation (EU) No 575/2013 and Directive (EU) …

Terms used and defined in Directive 2013/36/EU, Regulation (EU) No 575/2013 and Directive (EU) 2019/2034 and Regulation (EU) 2019/2033 and the ‘J oint EBA-ESMA Guidelines on the assessment of the suitability of members of the management body and key function holders under Directive 2013/36/EU and under Directive 2014/65/EU ’⁶ , have the same meaning in these GL, unless specific definitions are provided for these GL in this section.

Chief executive officer (CEO).	means the person who is responsible for managing and steering the overall business activities of an institution or investment firm and should include, for this exercise, the chair or president of the management body in its management function. means the chair of the management body in its supervisory function of an institution in accordance with Article 88 of Directive
Chairperson	2013/36/EU, who does not perform any executive function in the institution or investment firm concerned.
Executive Director	means member of the management body in its management function and includes the persons who effectively direct the business of the institution or investment firm.
Non-executive director	means a position as a member of the management body in the supervisory function in which a person is responsible for overseeing and monitoring management decision-making without having executive duties within the management body.
Employee representative	means member of the management body in its supervisory function who is elected by staff of the institution or investment firm under applicable national law.
Significant institution	means institutions referred to in Article 131 of Directive 2013/36/EU (global systemically important institutions (G-SIIs), and other systemically important institutions (O-SIIs)), and, as appropriate, other institutions determined by the competent authority or national law, based on an assessment of the institutions’ size and, internal organisation, and the nature, scope and complexity of their activities who have to implement a nomination committee under Article 88(2) or a remuneration committee under Article 95 of this Directive as implemented by national law.

6 EBA/GL/2017/12.

Geographical provenance	11 means, for this exercise, regions where a person has lived or gained an educational or professional background that spans in total a time period of at least 3 years.
Professional background	means experience gathered by a member of the management body by conducting occupational activities, whether they are gainful or not, that span a time period of at least 3 years before taking up the current position.
Non-binary	means, for the gender of a person, any gender identity that is not male or female.

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source	Requirement

3. Related Standards

Standards
Source	Requirement

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