# fit and proper assessment

- Canonical URL: https://www.gerhardmerk.de/fit-and-proper-assessment
- Post ID: 605079
- Modified: 2026-09-07T19:47:59+00:00
- Language: en

## Definition

A fit-and-proper assessment is a regulatory review of whether a proposed member of a bank’s management body is suitable for the position. It is normally completed before the appointment receives supervisory approval. The competent authority depends on the institution concerned: the European Central Bank decides for significant banks within its direct supervisory remit, whereas the responsible national supervisor generally decides for less significant institutions. The allocation of responsibilities differs when a new banking licence is being granted.

## Machine-readable

- Generator: Merk Knowledge 2.0.0