Person discharging managerial responsibilities within an issuer

Defined in Article 1, Commission Directive 2004/72/EC

Uses as of 06/01/2011

Definitions over time (1)

1. 30/04/2004 – today applies on 06/01/2011 Article 1, Commission Directive 2004/72/EC Scope: Whole act

   "Person discharging managerial responsibilities within an issuer" shall mean a person who is (a) a member of the administrative, management or supervisory bodies of the issuer: (b) a senior executive, who is not a member of the bodies as referred to in point (a), having regular access to inside information relating, directly or indirectly, to the issuer, and the power to make managerial decisions affecting the future developments and business prospects of this issuer.

Used in (2 places in 1 provisions on 06/01/2011)

Commission Directive 2004/72/EC (2 in 1)

Article 1²