CTRL 3.3.4 Meaning of non-executive director and Independent non-executive director

In these rules:

independent non-executive director of an authorised firm means a non-executive director who is eligible, under rule 3.1.3, as an independent non-executive member of the firm’s board.

non-executive director of an authorised firm means a director who has no responsibility for implementing the decisions or the policies of the firm’s board.

 

Derived from QFCRA RM/2020-4 (as from 1st July 2021)