+Article 42 4.

Article 42 4.

Member States shall ensure that the operation of an asset management vehicle respects the following provisions:

(a) 

the contents of the asset management vehicle’s constitutional documents are approved by the resolution authority;

(b) 

subject to the asset management vehicle’s ownership structure, the resolution authority either appoints or approves the vehicle’s management body;

(c) 

the resolution authority approves the remuneration of the members of the management body and determines their appropriate responsibilities;

(d) 

the resolution authority approves the strategy and risk profile of the asset management vehicle.

1. Ħarsa ġenerali

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1.1 Referenzi

1.2 Rekwiżiti identifikati

1.3 Standards relatati

2. Rekwiżiti identifikati

Rekwiżiti

3. Standards relatati

Standards