The European Banking Authority (EBA) launches today a consultation on the draft guidelines on the assessment of the suitability of members of the management body and key function holders.
The proposed Guidelines set out the process, criteria and minimum requirements for assessing the suitability of those persons. Once implemented, the Guidelines will help to ensure the quality of the assessments made. The consultation is open for responses until 18th July and a public hearing will be held on 1st June 2012.
