The EBA and ESMA launch a consultation on the revised suitability assessment framework for banks and investment firms

This is a consultation on revising joint guidelines for assessing the suitability of management body members and key function holders at EU banks and investment firms. Open until 25 May 2026, it is part of a broader “Suitability Package” that includes draft Regulatory Technical Standards on documentation requirements. The revisions aim to harmonize suitability assessments across the EU, reflect new Capital Requirements Directive requirements, clarify controls for third‑country branches, link assessments with anti‑money‑laundering frameworks, and introduce simplification measures. 
A public hearing is scheduled for 15 April 2026.