196. Competent authorities may take into consideration the results of the assessment of suitability …

Competent authorities may take into consideration the results of the assessment of suitability conducted by other competent authorities or other relevant information for the purpose of the assessment of suitability about members of the management body or key function holders and request the necessary information from other competent authorities in order to do so. Where appropriate, competent authorities should contact the AML/CFT supervisor in the relevant Member State to obtain additional information necessary to assess the integrity, honesty, good repute and suitability of an institution’s management body or key function holders. In addition, in situations where the risk of ML/TF associated with the institution or member is increased, competent authorities should also, where appropriate, seek information from other relevant stakeholders, including the Financial Intelligence Units and law enforcement agencies, to inform their suitability assessment.³⁶

³⁶ See also: Joint guidelines on cooperation and information exchange for the purpose of Directive (EU) 2015/849 between competent authorities supervising credit and financial institutions available under https://eba.europa.eu/regulation-and-policy/anti-money-laundering-and-countering-financing-terrorism

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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