670. Equivalent assessment already carried out.

The supervisory body1 is not required2 to secure that a particular kind of assessment ('the required assessment') is carried out in relation to the relevant person3 if the following conditions are met4.

The first condition is that the supervisory body has a written copy of an assessment of the relevant person ('the existing assessment') that has already been carried out5.

The second condition is that the existing assessment complies with all the requirements