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Version date: 16 December 2021 - onwards

6.3 Suitability assessment of members of the management body and key function holders (paras. 55-59)

Prudential supervisors

55. When assessing or re-assessing the suitability of members of the management body and key function holders, prudential supervisors should, where deemed necessary, cooperate and exchange information with the relevant AML/CFT supervisors for the purpose of their assessment, in particular, with regards to the assessment of whether there are reasonable grounds to suspect that money laundering or terrorist financing is being or has been committed or attempted, or there is increased risk thereof in connection with that institution. Prudential supervisors should, where deemed necessary, request information from the relevant AML/CFT supervisors for the purpose of their assessment in accordance with the Joint ESMA and EBA Guidelines on the assessment of the suitability of members of the management body and key function holders under Directive 2013/36/EU and Directive 2014/65/EU.

56. Where a prudential supervisor decides that a member of the management body or key funct

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