EBA has published guidelines on the process, criteria and minimum requirements for assessing the suitability of members of the management body and key function holders in credit institutions. The guidelines cover the duties of the institution and its supervisor and set out the criteria for assessing suitability based on reputation, experience and governance. Authorities and credit institutions should apply the guidelines by 22 May 2013. (Source: Guidelines on the Assessment of the Suitability of Members of the Management Body and Key Function Holders)