+Article 30 4

Article 30 4

4.   Member States shall ensure that the operation of an asset and liability management vehicle complies with the following requirements:

(a)

the resolution authority concerned has approved the asset and liability management vehicle’s constitutional documents;

(b)

subject to the asset and liability management vehicle’s ownership structure, the resolution authority concerned either appoints or approves the vehicle’s administrative, management or supervisory body;

(c)

the resolution authority concerned approves the remuneration of the members of the administrative, management or supervisory body and specifies their responsibilities;

(d)

the resolution authority concerned approves the strategy and risk profile of the asset and liability management vehicle.

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