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🔗 Back to Summary. 🇫🇷 French Version: 2023R1616_FR.5. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 4 – Qualifications, experience, ability, knowledge and resources ⬅️ | ➡️ Article 6 – General criteria
Article 5 - Structural separation
1.
The valuer shall be legally, structurally, operationally and effectively separate from any relevant public authority and from the CCP.
2.
For the purposes of paragraph 1, the following requirements shall apply:
(a)
where the valuer is a natural person, the valuer shall not be an employee or contractor of any relevant public authority or of the CCP;
(b)
where the valuer is a legal person, the valuer shall not belong to the same group of companies as the CCP.