+Article 91a 3.

Article 91a 3.

Where the entities conclude, based on the internal suitability assessment referred to in paragraph 2, that a person does not fulfil the criteria and requirements set out in paragraph 1, the entities shall:

(a) 

not appoint that person as a key function holder, where that assessment is completed before the person takes up the position;

(b) 

remove that person as a key function holder, in a timely manner; or

(c) 

take the additional measures, in a timely manner, necessary to ensure that such a person is or becomes suitable for the position concerned.

The entities shall take all measures necessary to ensure the appropriate functioning of the position of a key function holder, including replacing the key function holder if that person ceases to meet the suitability criteria and requirements.

1. Overview

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1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards