Article 4a 7.

Member States shall ensure that members of staff and members of a competent authority’s governance body are subject to a declaration of interest. That declaration shall include information on the members’ holdings in the form of stocks, equities, bonds, mutual funds, investment funds, mixed-type funds, hedge funds and exchange-traded funds, that may raise conflict of interest concerns. The persons concerned shall submit the declaration of interest prior to their appointment and subsequently on an annual basis.