The European Banking Authority (EBA) has published a consultation paper on draft Guidelines for assessing the suitability of members of the management body and key function holders of a credit institution. The proposed Guidelines set out the process, criteria and minimum requirements for assessing the suitability of such persons. Once implemented, the Guidelines will help to ensure the quality of the assessments made. Responses are requested by 18 July and the EBA will hold a public hearing on this issue on 1 June 2012.
EBA consultation on assessing the suitability of managers of a credit institution
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