senior management

Definitions over time (1)

07/02/2018 – today applies on 12/11/2026 Article 2, Commission Delegated Regulation (EU) 2018/72 Scope: Whole act

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

‘senior management’ means those natural persons within a payment card scheme or processing entity who exercise executive functions and who are responsible and accountable to the management body for the day-to-day management of the payment card scheme or processing entity;