113. Internal control functions should provide effective input to the development of the …

Internal control functions³⁰ should provide effective input to the development of the suitability policy in accordance with their roles. Notably, the compliance function should analyse how the suitability policy affects the inst itution’s compliance with legislation, regulations, internal policies and procedures, and should report all identified compliance risks and issues of non-compliance to the management body.

³⁰ See also the EBA’s Guidelines on Internal Governance: https://www.eba.europa.eu/regulation-and-policy/internal-governance

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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