Retained EU Law SI 2018/1637 United Kingdom

Commission Delegated Regulation (EU) 2018/1637 of 13 July 2018 supplementing Regulation (EU) 2016/1011 of the European Parliament and of the Council with regard to regulatory technical standards for the procedures and characteristics of the oversight function (Text with EEA relevance)

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Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Any Person2

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Any Person — also bound by 2340 other Acts

What it requires

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

s.art002 Characteristics and positioning of the oversight function Regulated
  • Your oversight function must assess and challenge management decisions on benchmarksAny Person
s.art003 Procedures governing the oversight function Regulated
  • Have documented oversight function procedures covering governance and conflictsAny Person
2 other provisions — procedural and definitional
s.art001 Composition of the oversight function
s.art004 Entry into force

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.