independent member

Defined in Article 2, European Market Infrastructure Regulation (EMIR)

Definitions over time (2)

1. 18/06/2020 – today applies on 12/11/2026 Article 2, European Market Infrastructure Regulation (EMIR) Scope: Whole act

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

   ‘independent member’ of the board means a member of the board who has no business, family or other relationship that raises a conflict of interests regarding the CCP concerned or its controlling shareholders, its management or its clearing members, and who has had no such relationship during the five years preceding his membership of the board;

2. 01/01/2014 – 03/01/2017 Article 2, European Market Infrastructure Regulation (EMIR) Scope: Whole act

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

   ‘independent member’ of the board means a member of the board who has no business, family or other relationship that raises a conflict of interests regarding the CCP concerned or its controlling shareholders, its management or its clearing members, and who has had no such relationship during the five years preceding his membership of the board;

Used in (24 places in 9 provisions on 12/11/2026)

European Market Infrastructure Regulation (EMIR) (24 in 9)

Recital 61² · Article 2 · Article 18² · Article 24a⁹ · Article 24e⁴ · Article 25c · Article 27 · Article 28² · Annex III²