+510. Competent authorities should assess whether the persons directing the TCB: a. have sufficient …

510. Competent authorities should assess whether the persons directing the TCB: a. have sufficient …

Competent authorities should assess whether the persons directing the TCB:

  • a. have sufficient understanding of the activities and risks of the branch and knowledge of the local market, as well as of EU and national regulations of the Member State;
  • b. have sufficient authority, stature, and independence, taking into account the extent they are empowered to contribute to decisions by the head undertaking affecting the branch;
  • c. spend sufficient time within its Member State and in the premises of the branch to effectively fulfil their role.

1. Vue d’ensemble

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Intitulé Réglementation

1.1 Références

1.2 Exigences identifiées

1.3 Normes associées

2. Exigences identifiées

Exigences
Source Exigence

3. Normes associées

Normes
Source Exigence
  • EBA - Published by the European Banking Authority at https://www.eba.europa.eu/