Regulatory Alerts2020-01-01
Added · Updated
Notice No. 3/2020
Notice No. 3/2020 consolidates and updates regulations on organizational culture, internal governance, internal control, risk management, remuneration policies, and related matters for supervised financial entities. It establishes the three-lines-of-defense model, mandates direct access for control functions to administrative bodies, requires annual self-assessments of governance and control systems, and sets rules for related-party transactions, auditor selection, and outsourcing. The notice revokes previous notices 5/2008 and 10/2011.
More like this from BDP
BDP published 2 documents in the last 30 days. We email you each new one the day it's published.
Topics
Share