92. In accordance with Articles 74 and 91(12) of Directive 2013/36/EU and with the EBA Guidelines on internal governance and the Joint ESMA and EBA Guidelines on the assessment of the suitability of members of the management body and key function holders, competent authorities should assess whether:
a. arrangements aimed at ensuring that the individual and collective suitability of the management body and the individual suitability of key function holders are implemented and carried out effectively upon appointment, when material changes happen (e.g. those having an impact on the conditions assessed in the context of the initial fit and proper assessment) and on an ongoing basis, including notification to the relevant competent authorities [See also the Joint ESMA and EBA Guidelines on the assessment of the suitability of members of the management body and key function holders (ESMA/2016/1529)];
b. the composition and succession planning of the management body are appropriate and the
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