EBA and ESMA launch consultation to revise joint guidelines for assessing the suitability of members of the management body and key function holders
MiFID Firms
Date:
06 August 2020
On 31 July 2020, the European Banking Authority (EBA) and the European Supervisory Market Authority (ESMA) launched a public consultation on their revised joint Guidelines. This review reflects the amendments introduced by the fifth Capital Requirements Directive (CRD V) and the Investment Firms Directive (IFD) in relation to the assessment of the suitability of members of the management body. The consultation runs until 31 October 2020.