Geometric structures underlying commutative and noncommutative integrable d
ynamics are analyzed. They lead to a new characterization of noncommutative
integrability in terms of spectral properties and of Nijenhuis torsion of
an invariant (1,1) tensor field. The construction of compatible symplectic
structures is also discussed. (C) 2000 Elsevier Science B.V. Ail rights res
erved. MSC: 58F05.