Response to consultation on Guidelines on internal policies, procedures and controls to ensure the implementation of Union and national restrictive measures

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Question 1: Do you agree with the proposed provisions? If you do not agree, please explain how you think these provisions should be amended, and set out why they should be amended. Please provide evidence of the impact these provisions would have if they were maintained as drafted'?

Dear Sir / Madam 

Please see attached our comments to the proposed European Banking Authority Guidelines. 

We would be happy to discuss our comments as needed in case helpful. 

Kind regards 

Baker McKenzie. 

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Name of the organization

Baker McKenzie LLP