+36. The composition of the management or administrative organ should reflect the adequate knowledge …
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36. The composition of the management or administrative organ should reflect the adequate knowledge …
The composition of the management or administrative organ should reflect the adequate knowledge and experience necessary to fulfil all of its responsibilities. This includes that the management or administrative organ collectively has an appropriate understanding of those areas for which the members are collectively accountable and to ensure that the business is conducted in a competent and responsible manner.
1. Overview
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/
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