Article 22 3.

the compliance function has the necessary authority, resources, expertise and access to all relevant information;

a compliance officer is appointed and replaced by the management body and is responsible for the compliance function and for any reporting as to compliance required by Directive 2014/65/EU and Article 25(2) of this Regulation;

the compliance function reports on an ad-hoc basis directly to the management body where it detects a significant risk of failure by the firm to comply with its obligations under Directive 2014/65/EU;

the relevant persons involved in the compliance function are not involved in the performance of services or activities they monitor;

the method of determining the remuneration of the relevant persons involved in the compliance function does not compromise their objectivity and is not likely to do so.