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<h1>Independent director data bank registration: mandatory pre-appointment inclusion and renewal, with a required proficiency test or removal.</h1> Applicants for appointment as independent directors must apply online to the institute for inclusion in the data bank prior to appointment or within the transitional period; names must be renewed timely and a declaration of compliance filed to the board. Included individuals must pass an online proficiency self-assessment within the prescribed period, subject to specified service and professional exemptions; failure leads to removal, with a restoration procedure available upon payment and conditional passing of the test.