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Article 1 › 4

CRD6

For the purposes of paragraph 3, the following shall count as a single directorship: (a) executive or non-executive directorships held within the same group; (b) executive or non-executive directorships held within either of the following: (i) entities which are members of the same institutional protection scheme provided that the conditions set out in Article 113(7) of Regulation (EU) No 575/2013 are fulfilled or entities where the same institutional protection scheme holds a qualifying holding; (ii) undertakings, including non-financial entities, in which the entity holds a qualifying holding. For the purposes of the first subparagraph, point (a), of this paragraph, a group shall mean a group of undertakings that are related to each other as described in Article 22 of Directive 2013/34/EU or a group of undertakings that are subsidiaries of the same financial holding company or mixed financial holding company.

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Source: EUR-Lex CELLAR · retrieved 2026-09-04