+Article 1 (1)

Article 1 (1)

‘managerial responsibility’ means a situation, in which a staff member:

(a)

heads a business unit or a control function and is directly accountable to the management body as a whole or to a member of the management body or to the senior management;

(b)

heads one of the functions laid down in Article 5(a);

(c)

heads a subordinated business unit, or a subordinated control function in a large institution as defined in Article 4(1), point (146), of Regulation (EU) No 575/2013 and reports to a staff member that has the responsibilities as referred to in point (a);

1. Overview

,
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