{"id":923,"date":"2014-09-23T07:57:01","date_gmt":"2014-09-23T05:57:01","guid":{"rendered":"https:\/\/www.diep-institut.de\/methodology\/clients\/kreditinstitute\/"},"modified":"2019-12-12T18:45:14","modified_gmt":"2019-12-12T17:45:14","slug":"credit-institutions","status":"publish","type":"page","link":"http:\/\/dev.diep-institut.de\/en\/methodology\/clients\/credit-institutions\/","title":{"rendered":"Efficiency review for credit institutions"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.diep-institut.de\/wp-content\/uploads\/2014\/11\/effizienzpruefung-kreditinstitute.png\" alt=\"Efficiency check for credit institutions\" width=\"960\" height=\"350\" class=\"aligncenter size-full wp-image-283\" srcset=\"http:\/\/dev.diep-institut.de\/wp-content\/uploads\/2014\/11\/effizienzpruefung-kreditinstitute.png 960w, http:\/\/dev.diep-institut.de\/wp-content\/uploads\/2014\/11\/effizienzpruefung-kreditinstitute-300x109.png 300w, http:\/\/dev.diep-institut.de\/wp-content\/uploads\/2014\/11\/effizienzpruefung-kreditinstitute-440x160.png 440w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h3>Review pursuant to Section 25d of the German Banking Act<\/h3>\n<p>Credit institutions are required by law to review the efficiency of their management and supervisory boards once a year. This includes a review of the competencies of the board members and the competence profile of the board as a whole. In contrast to the rules of the German Corporate Governance Code, this includes not only an efficiency review of the supervisory body, but also of the management bodies and their members by the supervisory body.<\/p>\n<p>To carry out an efficiency review, the German Banking Act expressly stipulates that companies may take external advice. While the objectivity and independence of such advisors are of great benefit, this also ensures that the evaluation is carried out with the help of a proven methodology. Moreover, a review in line with Section 25d of the German Banking Act must take into account the requirements of the BaFin so that the institutions can furnish proof of the regularity of the review. <\/p>\n<p>\n<a href=\"https:\/\/www.diep-institut.de\/en\/contact\/\" title=\"Contact\">Get in touch with us.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Review pursuant to Section 25d of the German Banking Act Credit institutions are required by law to review the efficiency of their management and supervisory boards once a year. This includes a review of the competencies of the board members and the competence profile of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":915,"menu_order":2,"comment_status":"open","ping_status":"closed","template":"","meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Efficiency review for credit institutions - DIEP Institut<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/dev.diep-institut.de\/en\/methodology\/clients\/credit-institutions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Efficiency review for credit institutions - DIEP Institut\" \/>\n<meta property=\"og:description\" content=\"&nbsp; Review pursuant to Section 25d of the German Banking Act Credit institutions are required by law to review the efficiency of their management and supervisory boards once a year. 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