TITLE VII PRUDENTIAL SUPERVISION

CHAPTER 3 Supervision on a consolidated basis

Section II Financial holding companies, mixed financial holding companies and mixed-activity holding companies

Article 121Qualification of directors

Member States shall require that the members of the management body of a financial holding company or mixed financial holding company be of sufficiently good repute and possess sufficient knowledge, skills and experience as referred to in Article 91(1) to perform those duties, taking into account the specific role of a financial holding company or mixed financial holding company.