+4.4 Training
---+31. Financial institutions should provide training to their staff members on a regular basis to …
---+32. Training should be tailored to staff members and their specific role. It should be timely and …
---+33. Financial institutions should document their training plan and stand ready to demonstrate upon …

4.4 Training

4.4 Training

1. Overview

,
31. Financial institutions should provide training to their staff members on a regular basis to …

Financial institutions should provide training to their staff members on a regular basis to ensure that they are, and remain, aware of:

  • a. applicable restrictive measures;
  • b. the outcome of the restrictive measures exposure assessment; and
  • c. policies, procedures and controls to comply with applicable restrictive measures.
32. Training should be tailored to staff members and their specific role. It should be timely and …

Training should be tailored to staff members and their specific role. It should be timely and ad-equate to enable the financial institution to comply with restrictive measures. Within a group this activity can be performed – fully or partially – by the parent company.
33. Financial institutions should document their training plan and stand ready to demonstrate upon …

Financial institutions should document their training plan and stand ready to demonstrate upon request to their competent authority that their training is adequate and effective.

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

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.