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By 10 July 2026, EBA shall issue guidelines, in accordance with Article 16 of Regulation (EU) No 1093/2010, on the following: (a) the notion of a sufficient time commitment of a member of the management body to perform his or her functions, by reference to the individual circumstances and the nature, scale and complexity of the activities of the entity; (b) the notions of good repute, honesty, integrity and independence of mind of a member of the management body as referred to in paragraph 2a; (c) the notion of adequate collective knowledge, skills and experience of the management body as referred to in paragraph 2b; (d) the notion of adequate human and financial resources devoted to the induction and training of members of the management body as referred to in paragraph 7; (e) the notion of diversity to be taken into account for the selection of members of the management body as referred to in paragraph 8; (f) the criteria to determine whether there are reasonable grounds to suspect that money laundering or terrorist financing within the meaning of Article 1 of Directive (EU) 2015/849 is being or has been committed or attempted, or that there is an increased risk thereof, in connection with the entity. For the purposes of the first subparagraph, point (f), EBA shall closely cooperate with ESMA and with the Authority for Anti-Money Laundering and Countering the Financing of Terrorism.

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Source: EUR-Lex CELLAR · retrieved 2026-09-04