management body

Defined in Article 2, Regulation (EU) No 909/2014 (CSDR)

Uses as of 01/07/2016

Definitions over time (2)

1. 22/06/2022 – today Article 2, Regulation (EU) No 909/2014 (CSDR) Scope: Whole act

   For the purposes of this Regulation, the following definitions apply:

   ‘management body’ means the body or bodies of a CSD, appointed in accordance with national law, which is empowered to set the CSD’s strategy, objectives and overall direction, and which oversees and monitors management decision-making and includes persons who effectively direct the business of the CSD. Where, according to national law, a management body comprises different bodies with specific functions, the requirements of this Regulation shall apply only to members of the management body to whom the applicable national law assigns the respective responsibility;

2. 01/07/2016 – 22/06/2022 applies on 01/07/2016 Article 2, Regulation (EU) No 909/2014 (CSDR) Scope: Whole act

   For the purposes of this Regulation, the following definitions apply:

   ‘management body’ means the body or bodies of a CSD, appointed in accordance with national law, which is empowered to set the CSD’s strategy, objectives and overall direction, and which oversees and monitors management decision-making and includes persons who effectively direct the business of the CSD.

Used in (27 places in 11 provisions on 01/07/2016)

Regulation (EU) No 909/2014 (CSDR) (27 in 11)

Recital 35 · Recital 37 · Recital 62 · Article 1 · Article 2⁴ · Article 26² · Article 27⁷ · Article 28⁴ · Article 47² · Article 61 · Article 63³