1. The independent valuer shall be a person separate from any relevant public authority, including the resolution authority, and the relevant entity.
2. For the purposes of paragraph 1, the following requirements shall apply:
(a)
in relation to natural persons, the independent valuer shall not be an employee or contractor of any relevant public authority or the relevant entity;
(b)
in relation to legal persons, the independent valuer shall not belong to the same group of companies as any relevant public authority or the relevant entity.
Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04
CitationArticle 40 of Commission Delegated Regulation (EU) 2016/1075 (LawPlayer, data as of 2026-07-04)