9.

ESMA shall issue guidelines on the following: the notion of sufficient time commitment of a member of the management body to perform that member’s functions, in relation to the individual circumstances and the nature, scale and complexity of activities of the market operator; the notion of adequate collective knowledge, skills and experience of the management body as referred to in point (b) of paragraph 2; the notions of honesty, integrity and independence of mind of a member of the management body as referred to in point (c) of paragraph 2; the notion of adequate human and financial resources devoted to the induction and training of members of the management body as referred to in paragraph 3; the notion of diversity to be taken into account for the selection of members of the management body as referred to in paragraph 5. ESMA shall issue those guidelines by 3 January 2016.

← art_45__para_8__text_1 · All articles · art_45__para_9__text_1 →

Source: EUR-Lex (Cellar) · retrieved 2026-09-25 · Text as adopted (Official Journal); later amendments are not incorporated in this text.