+Definitions
---+10. Unless otherwise specified, terms used and defined in Directive (EU) 2021/2167 have the same …

Definitions

Definitions

1. Overview

,

10. Unless otherwise specified, terms used and defined in Directive (EU) 2021/2167 have the same …

Unless otherwise specified, terms used and defined in Directive (EU) 2021/2167 have the

same meaning in the Guidelines. In following definitions apply:	addition, for the purposes of these Guidelines, the
Management or administrative organ	means the credit servicer’s organs, which are appointed in accordance with national law, which are empowered to set the institution ’ s strategy, objectives and overall direction, and which oversee and monitor management decision-making and include the persons who effectively direct the business of the institution. means the credit servicer’s organs, which are appointed in accordance with national law, which are empowered
Management or administrative organ in its management function	to set the institution ’ s strategy, objectives and overall direction, and include the persons who effectively direct the business of the institution. means the management or administrative organ acting
Management or administrative organ in its supervisory function	in its role of overseeing and monitoring management decision-making. means a proposed or appointed member of the management or administrative organ, including
Member	representatives acting on behalf of legal persons being a member of the management or administrative organ.

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/