+99. The two persons, or more, located in the relevant Member State effectively directing the …

99. The two persons, or more, located in the relevant Member State effectively directing the …

The two persons, or more, located in the relevant Member State effectively directing the business of third-country branches required by Article 48g of Directive 2013/36/EU should have the same duties and responsibilities as the members of the management body in its management function referred to in paragraphs 28 to 32, where applicable, taking into account the specific nature of third-country branches. Taking into account the criteria for the application of proportionality under Title I, class 1 third-country branches may establish or be required by competent authorities to establish a local management committee to ensure adequate governance. In this case, the local management committee should be composed of individuals having the same tasks and duties as the management body in its management function as referred to in paragraphs 28 to 32, where applicable, taking into account the specific nature of third-country branches. The local management committee should comply with the open discussion and documentation requirements referred to in paragraphs 60 and 61.

1. Forbhreathnú

,
Teideal Rialáil

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

Ceanglais
Foinse Ceanglas

3. Caighdeáin ghaolmhara

Caighdeáin
Foinse Ceanglas
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    EN: Guidelines and other publications of the European Banking Authority (EBA), https://www.eba.europa.eu/. © European Banking Authority. Reproduction is authorised provided the source is acknowledged (EBA legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the versions published by the EBA are authoritative.

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