42. The management body is at all times fully responsible and accountable for at least: a. ensuring …

The management body is at all times fully responsible and accountable for at least:

• a. ensuring that the financial entity meets on an ongoing basis the conditions with which it must comply to remain authorised, including any conditions imposed by the competent authority;
• b. ensuring the internal organisation of the financial entity;
• c. approving and overseeing the implementation and maintenance of effective policies to identify, assess, manage and mitigate or prevent actual and potential conflicts of interest;
• d. the setting of the financial entity ’s strategies and policies (e.g. the business model, the risk appetite, the risk management framework);
• e. overseeing the day-to-day management of the financial entity, including the management of all risks associated with third-party arrangements;
• f. exercising the oversight role of the management body in its supervisory function, including overseeing and monitoring management decision-making;
• g. approving, overseeing, and periodically reviewing the implementation of the business continuity policy regarding third-party arrangements;
• h. approving and periodically reviewing the internal audit plans, audits, and material modifications to them regarding third-party arrangements.

1. Forbhreathnú

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

3. Caighdeáin ghaolmhara

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