The General Shareholders’ Meeting is the principal governing body of Arquia Banca. The General Shareholders' Meeting shall be governed by that laid down by Law, the Articles of Association and the General Shareholders' Meeting Regulation. The members of the General Shareholders' Meeting shall decide, by simple majority of votes from the members present or represented at the General Shareholders' Meeting, except in cases in which the Law, or these Articles of Association, stipulate qualified majority voting, regarding matters in which they have reserved decision over.
In accordance with current legislation, the Bank has a General Policy for evaluating the suitability of the members of the Board of Directors and of the Managing Directors or similar, as well as for evaluating the suitability of those responsible for internal control functions and other positions that are key for the daily running of the bank's financial operations.
The appointments of these positions have been carried out in accordance with the aforementioned policy, involving a prior assessment and review by the Appointments and Remuneration Committee in which all the candidates proposed have been assessed as being "ideal".
Sections 1.4, 4.2 and 4.3 of the Prudential Information Report for the 2018 financial year contain information on the governance bodies and their structure and on the functions of the Bank's control framework.
In sections 3.1, 4.1 and 4.4 of the Prudential Information Report for the 2018 financial year, you can view information on: the procedure applied to assess the adequacy of internal capital (ICAAR); the risk management policies and objectives; and the risk information report.
In section 4 of the Prudential Information Report for the 2018 financial year, you can view information on administrative and accounting Mechanisms and Procedures, as well as those relating to internal control.
For the determination of the identified group of the company, the Management of the entity, has a Procedure for determination of the identified group, which establishes the appropriate qualitative criteria and quantitative criteria to determine the categories of staff whose professional activities have a significant impact on the risk profile of a company.
In section 14 of the Prudential Information Report for the 2018 financial year, you can view information on the remuneration of the identified group.