Information on corporate governance
Article 4
1. An applicant seeking authorisation to operate an APA or an ARM pursuant to Article 27d of Regulation (EU) No 600/2014 shall include in its application for authorisation information on the internal corporate governance policies and the procedures which govern its management body, senior management, and, where established, committees. 2. The information set out in paragraph 1 shall include: (a) a description of the processes for selection, appointment, performance evaluation and removal of senior management and members of the management body; (b) a description of the reporting lines and the frequency of reporting to the senior management and the management body; (c) a description of the policies and procedures on access to documents by members of the management body.