49. Competent authorities should specify the supervisory procedures applicable to the assessment of adequate knowledge and experience of the management or administrative organ, as a whole, of credit servicers and the good repute of its members. Competent authorities should ensure that a description of supervisory procedures is publicly available.
50. Supervisory procedures should ensure that information made available to competent authorities by the credit servicer during the course of the authorisation process is used as appropriate, where possible, for the purpose of the assessment of adequate knowledge and experience. In particular, the supervisory procedures should take into account situations where credit servicers are also authorised or supervised by non-financial authorities in order to ensure efficient coordination.
51. Competent authorities should require from the credit servicer a list of the names of the members of the management or administrative organ and their respective
…