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🔗 Back to Summary. 🇫🇷 French Version: 2017R0565_FR.28. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 27 – Remuneration policies and practices ⬅️ | ➡️ Article 29 – Personal transactions
Références LVL1 <=> LVL2
Level 1 reference(s): 2014L0065_EN.16 > 2
Article 28 - Scope of personal transactions
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.