Report on declared time commitment of non-executive directors in the SSM
Why this matters
This regulatory update from the ECB focuses on the time commitment of non-executive directors in the Single Supervisory Mechanism (SSM), which is relevant for banking and investment management firms under ECB supervision. The update covers topics related to prudential requirements, governance, and reporting, making it of medium urgency for the affected firms.
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What the ECB said
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Published by ECB . Read the full notice at the source for the authoritative text.
Context
European Central Bank (ECB) — Central bank for the euro area. We track 131 updates from them.
EU-wide financial regulation through ESMA, EBA, and the ECB. Browse all European Union updates.
This update is classified under Prudential / Capital Requirements, Senior Managers / Governance, Reporting & Disclosure and Banking & Credit.