As part of the commitment to enhancing digitalisation and to increasing communication and transparency towards the banking industry during supervisory processes, the European Central Bank (ECB) and the national competent authorities (NCAs) launched the Information Management System Portal (the ‘IMAS Portal’) for the submission of fit and proper applications of SI banks managers in line with Articles 93 and 94 of Regulation (EU) No 468/2014 of the European Central Bank (ECB/2014/17) (the ‘SSM Framework Regulation’)[1], Article 34 of the Law on Banks of the Republic of Lithuania and Resolution No 03-181 of the Board of the Bank of Lithuania of 14 November 2013 on approval of the Guidelines on the Assessment of Members of the Management body and Key Function Holders of the Financial Market Participants Supervised by the Bank of Lithuania.
The use of the IMAS Portal does not change the legal environment according to which the ECB and the Bank of Lithuania cooperate for their interaction with supervised institutions and does not change in any way the allocation of legal responsibilities between the ECB and the Bank of Lithuania. Support contact e-mail: tl.bl@troppuS_latroP.
[1] Regulation (EU) No 468/2014 of the European Central Bank of 16 April 2014 establishing the framework for cooperation within the Single Supervisory Mechanism between the European Central Bank and national competent authorities and with national designated authorities (SSM Framework Regulation) (ECB/2014/17) (OJ L 141, 14.5.2014, p. 1).
Click the image below to proceed to the IMAS Portal
