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Version date: 28 October 2021 - onwards

2. Subject matter, scope and definitions

Subject matter

5. These Guidelines specify further, in accordance with Article 91(12) of Directive 2013/36/EU [Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, amending Directive 2002/87/EC and repealing Directives 2006/48/EC and 2006/49/EC (OJ L 176, 27.6.2013, p. 338).] and Article 9(1) second subparagraph of Directive 2014/65/EU [Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (recast)(OJ L 173, 12.6.2014, p.349).] the requirements regarding the suitability of members of the management body in particulars, the notions of sufficient time commitment; honesty, integrity and independence of mind of a member of the management body; adequate collective knowledge, skills and experience of the management bod

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