senior personnel

1. (1) those persons who effectively direct the business of the firm, CBTL firm, recognised investment exchange or data reporting services provider which could include the membership of the governing body and other individuals who effectively direct the business of the person.

1. (2) (in relation to a management company ) the person or persons who effectively conduct the business of the management company.

[Note: article 3(4) of the UCITS implementing Directive]