Regulatory Alerts2025-06-30
Added · Updated
Q&A on supervisory board independence – Banks
DNB clarifies that banks must ensure supervisory board independence through independence of mind, appearance, and formal structure. Significant or listed banks must have a majority of formally independent directors, while other banks generally require at least one, unless they are wholly owned subsidiaries located in the same Member State as their parent. A 50% threshold for formal independence applies when group structures or dominant shareholders create conflicts of interest that compromise the bank's independent decision-making.
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