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Dolores Utrilla
9th March 2020
Banking & Finance Institutional law

ESMA’s rules for non-staff members on conflicts of interest now published

The Board of Supervisors (BoS) of the European Securities and Markets Authority (ESMA) has made public its Decision adopting a conflicts of interest policy for non-staff members. The decision, adopted on 29 January 2020, sets ESMA’s policy on independence and decision-making processes for avoiding conflicts of interest by the Agency’s governing bodies.

The BoS aims to enable ESMA to foster strong and independent decision-making, for which the Decision creates a system for declaration of interests and for their subsequent screening and evaluation.

The Decision is applicable to:

the Voting Members of the BoS, the Members of the Management Board and their officially nominated Alternates. the non-Voting Members of the BoS

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