+Article 28

Article 28

Article 28

Scope of personal transactions

(Article 16(2) of Directive 2014/65/EU)

For the purposes of Article 29 and Article 37, a personal transaction shall be a trade in a financial instrument effected by or on behalf of a relevant person, where at least one of the following criteria are met:

(a) 

the relevant person is acting outside the scope of the activities he carries out in his professional capacity;

(b) 

the trade is carried out for the account of any of the following persons:

(i) 

the relevant person;

(ii) 

any person with whom he has a family relationship, or with whom he has close links;

(iii) 

a person in respect of whom the relevant person has a direct or indirect material interest in the outcome of the trade, other than obtaining a fee or commission for the execution of the trade.

1. Prezentare generală

,

1.1 Referințe

1.2 Cerințe identificate

1.3 Standarde asociate

2. Cerințe identificate

Cerințe

3. Standarde asociate

Standarde