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Secondary activities of management board members of an institution or persons who actually manage the business of a financial holding company or a mixed financial holding company(Notification in accordance
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Secondary activities of management involve tasks such as planning, organizing, staffing, directing, coordinating, reporting, and budgeting.
Any individual or entity engaged in management activities is required to file secondary activities of management.
Secondary activities of management can be filled out by providing detailed information about the tasks performed in each management function.
The purpose of secondary activities of management is to ensure that all management functions are properly documented and reported.
The information reported on secondary activities of management should include details about the tasks performed in each management function, as well as any challenges or successes encountered.
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