36. In relation to employee screening referred to in Article 8(4) (a) of Directive (EU) 2015/849 …

In relation to employee screening referred to in Article 8(4) (a) of Directive (EU) 2015/849, credit or financial institutions should, prior to the appointment, assess whether the AML/CFT compliance officer possesses:

• a) the reputation, honesty and integrity necessary to perform his/her function;
• b) the appropriate AML/CFT skills and expertise, including knowledge of the applicable legal and regulatory AML/CFT framework, and the implementation of AML/CFT policies, controls and procedures;
• c) sufficient knowledge and understanding of the ML/TF risks associated with the business model of the credit or financial institution to perform his/her function effectively;
• d) relevant experience regarding the identification, assessment and management of the ML/TF risks; and
• e) sufficient time and seniority to perform his/her functions effectively, independently and autonomously.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA -

  EN: Guidelines and other publications of the European Banking Authority (EBA), https://www.eba.europa.eu/. © European Banking Authority. Reproduction is authorised provided the source is acknowledged (EBA legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the versions published by the EBA are authoritative.

  DE: Leitlinien und weitere Veröffentlichungen der Europäischen Bankenaufsichtsbehörde (EBA), https://www.eba.europa.eu/. © European Banking Authority. Wiedergabe mit Quellenangabe gestattet (Rechtlicher Hinweis der EBA). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Maßgeblich sind allein die von der EBA veröffentlichten Fassungen.