Guidelines on the assessment of the suitability of members of the management body and key function holders (EBA/GL/2012/06)
Status: Final and translated into the EU official languages
These Guidelines set out the process, criteria and minimum requirements for assessing the suitability of members of the management body and key function holders. Their ultimate aim is to ensure robust governance arrangements and appropriate oversight. The Guidelines contain provisions to be followed by both credit institutions and competent authorities when assessing the suitability of all members of the management body and extend also to key function holders. Moreover, as financial and mixed financial holding companies have significant influence on their credit institutions, they are also included in the scope of the Guidelines.