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🔗 Back to Summary. 🇫🇷 French Version: 2020R1230_FR.11. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 10 – Regulatory compliance ⬅️ | ➡️ Article 12 – Information about the applicant’s staff members involved in the provision of core securitisation services
Article 11 - Staffing policies and procedures
An application for registration as a securitisation repository shall contain the following:
(a)
a copy of the remuneration policy for senior management, board members and for staff employed in risk and control functions of the applicant;
(b)
a description of the measures put in place by the applicant to mitigate the risk of over-reliance on any individual employee.