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Article 11 - Staffing policies and procedures

Article 11
Staffing policies and procedures

An application for registration as a securitisation repository shall contain the following:

((a))

a copy of the remuneration policy for senior management, board members and for staff employed in risk and control functions of the applicant;

((b))

a description of the measures put in place by the applicant to mitigate the risk of over-reliance on any individual employee.

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