Chapter I: French regulated markets

Within a market undertaking, the following persons shall be of sufficiently good repute and possess the knowledge, skills and experience necessary for the performance of their duties: 1° Members of the Board of Directors, the Supervisory Board and the Management Board, the Chief Executive Officer and the Deputy Chief Executive Officers, as well as any other person or member of a corporate body exercising equivalent functions; 2° Persons who effectively…

I.-The persons referred to in Article L. 421-7 must meet the following requirements: 1° They must devote sufficient time to performing their duties within the market undertaking. The number of mandates for the functions mentioned in II that may be exercised simultaneously by one of these persons in any legal entity shall take into account the particular situation and the nature, scope and complexity of the activities of the market…

Market undertakings shall devote adequate human and financial resources to the training of the persons referred to in Article L. 421-7.

I.- Market undertakings of significant importance due to their size and internal organisation, as well as the nature, scale and complexity of their activities, shall set up an appointments committee composed of the persons referred to in Article L. 421-7 who do not hold any of the offices referred to in 1° of II of Article L. 421-7-1 within the market undertaking concerned. The criteria according to which market undertakings…