115. The policy should set out procedures, measures, documentation elements and responsibilities …

The policy should set out procedures, measures, documentation elements and responsibilities for the identification and prevention of conflicts of interest, for the assessment of their materiality and for taking mitigating measures. Such procedures, elements , responsibilities and measures should include:

• a. entrusting conflicting activities or transactions to different persons;
• b. preventing staff who are also active outside the institution from having inappropriate influence within the institution regarding those other activities;
• c. establishing the responsibility of the members of the management body to abstain from voting on any matter where a member has or may have a conflict of interest or where the member’s objectiv ity or ability to properly fulfil duties to the institution may be otherwise compromised;
• d. preventing members of the management body from holding directorships in competing institutions, unless they are within institutions that belong to the same institutional protection scheme, as referred to in Article 113(7) of Regulation (EU) No 575/2013, credit institutions permanently affiliated to a central body, as referred to in Article 10 of Regulation (EU) No 575/2013, or institutions within the scope of prudential consolidation.

1. Forbhreathnú

1.1 Tagairtí

• Airteagal 113 7.
• Airteagal 10 Tarscaoileadh maidir le hinstitiúidí creidmheasa atá cleamhnaithe go buan le comhlacht lárnach

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

3. Caighdeáin ghaolmhara

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