Tuesday, 30 May 2017

EU: ECB guidance on 'fit and proper' assessments

The European Central Bank has published a guide on the 'fit and proper' assessments that it undertakes in respect of board members (whether management or supervisory) for those institutions under its direct supervision: see here (pdf). This role forms part of the ECB's supervisory activities under Article 4(1)(e) of the SSM Regulation (Regulation (EU) No 1024/2013).

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