Training for senior management and key positions in Payment Institutions and Electronic Money Institutions.
In accordance with Royal Decree-Law 19/2018, of November 23, on payment services and other urgent measures in financial matters, and Law 21/2011, of July 26, on electronic money, both members of the management board and general directors responsible for the management of payment institutions and electronic money institutions are considered ‘senior executives’ and must meet the suitability requirements established in the current regulations for holding the position. Prior to their registration in the senior management register, the Bank of Spain will verify compliance by the interested parties with the requirements that make them suitable for the performance of such positions
Likewise, individuals holding a ‘key function’ within the entity must meet suitability requirements. A ‘key function’ is understood as one that grants significant influence in the direction of the entity, but is not a ‘senior executive’ position.
In accordance with the definition provided in Guidelines EBA/GL/2021/05, dated July 2, 2021, on internal governance, key function holders include:
- Those responsible for internal control functions, when not members of the management board.
- The chief financial officer when not a member of the management board.
- Other key function holders identified by the entities according to a risk-based approach.
- Heads of significant business lines.
- Heads of branches in the EEA (European Economic Area).
- Heads of subsidiaries in third countries.
Why study with us?
Our experience speaks for itself. Since 2005, we have been providing training to thousands of professionals, groups, associations, and other institutional clients, as well as individuals interested in enhancing their skills.
We tailor our training to meet the specific needs of each entity.
Our platform is equipped with the most effective, accredited controls recognized by competent authorities.
RegRoom offers:
- Modern and accessible environment.
- 24-hour availability. Students can log in at their convenience from any device, be it a PC, smartphone, or tablet.
- Adaptation to individual learning pace. Progress at your own speed.
- Promotion of participant autonomy.
- Support and access control, along with tools for detecting activity issues and preventing abandonment: activity reports and data mining, used to enhance performance and learning models and student retention.
- Interactive resources: access to lessons, quizzes, glossaries, and assignments.
- Student monitoring: Both course instructors and the requesting entity have access to comprehensive tools providing course and individual student statistics (connection times per session and lesson, student’s first and last access, test scores, final grades, etc.).
- Seamless communication with instructors through various channels: email, chat, phone, live video conferencing.
