Questionnaire II | Directors Academy

Which requirements must a member of the supervisory board of a CRR-institute of "significant importance" meet according to Sec. 25d KWG?

Please select 3 correct answers

He must have the necessary expertise to assess and monitor the companies' business and carry out the supervisory function in cooperation with the other supervisory board members.

He must devote sufficient time to fulfill his duties.

He may not be member of the supervisory body of more than four companies unless he is otherwise a director.

He may not be director of another company.

Correct! Wrong!

Which of these committees are mandatory in the supervisory body of an institute of "significant importance"?

Please select 3 correct answers

Remuneration Control Committee

Nominations Committee

Risk Committee

Personnel Committee

Correct! Wrong!

Which of these committees must be formed by the supervisory board of a CRR institute of "considerable importance"? (multiple answers are possible)

Please select 3 correct answers

Risk Committee

Nominations Committee

Personnel Committee

Remuneration Control Committee What applies to the purchase of insurance against the personal liability of supervisory board members? (multiple answers are possible)

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What applies to the purchase of insurance against the personal liability of supervisory board members?

Please select 3 correct answers

Such insurance often does not cover cases of gross negligence.

Normally a deductible is agreed.

With a D&O insurance policy I no longer have to worry about my liability.

The conclusion of such insurance by the Company is not permitted.

Correct! Wrong!