+15. Credit servicers, including firms that apply for authorisation under Title II, Chapter I of …

15. Credit servicers, including firms that apply for authorisation under Title II, Chapter I of …

Credit servicers, including firms that apply for authorisation under Title II, Chapter I of Directive (EU) 2021/2167, should perform the assessment or a reassessment, in particular:

  • a. when applying for authorisation before commencing their activities;
  • b. when material changes to the composition of the management or administrative organ occur, including:
  • i. when appointing new members of the management or administrative organ; and
  • ii. when members have left the management or administrative organ;
  • c. where material changes have occurred to the business model, underlying legal provisions or technologies used.

1. Overview

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Summary Regulation

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/