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Notification of transactions of persons discharging managerial responsibility and persons closely associated in compliance with the Central Bank of Ireland’s Market Abuse Rules.

How to fill out persons discharging managerial responsibility

How to fill out persons discharging managerial responsibility:

1. Start by gathering the necessary information about the individuals who hold or exercise managerial responsibilities within your organization. This may include their names, positions, and contact details.
2. Identify the specific roles and responsibilities of each person discharging managerial responsibility. This can include decision-making authority, financial management, or supervisory responsibilities.
3. Determine the appropriate form or document to record and disclose this information. Depending on your jurisdiction, you may need to fill out a specific form or provide this information as part of a regulatory filing.
4. Ensure that the information provided is accurate and up to date. Regularly review and update the details of persons discharging managerial responsibility to reflect any changes within your organization.
5. Submit the completed form or document to the appropriate regulatory authority, if required. Follow any specific instructions or deadlines provided by the relevant authority.

Who needs persons discharging managerial responsibility:

1. Publicly traded companies: Companies listed on stock exchanges are typically required to disclose information about persons discharging managerial responsibility. This enables shareholders and the public to have visibility into the key individuals responsible for the company's management and decision-making.
2. Financial institutions: Banks, insurance companies, and other financial institutions may also be subject to regulations that require the disclosure of persons discharging managerial responsibility. This is to ensure transparency and accountability within the financial sector.
3. Regulatory bodies: Government agencies or regulatory bodies overseeing specific industries may require companies to provide information about persons discharging managerial responsibility as part of their mandate to regulate and supervise these sectors.
4. Shareholders and investors: Individuals or entities invested in a company may have an interest in knowing who the persons discharging managerial responsibility are. This can help them assess the company's leadership, governance, and potential risks.

In summary, filling out persons discharging managerial responsibility involves gathering and recording relevant information, identifying roles and responsibilities, using the appropriate forms or documents, ensuring accuracy and compliance, and submitting the information to the relevant authorities. This process is typically required for publicly traded companies, financial institutions, regulatory bodies, and stakeholders with an interest in a company's management.

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What is persons discharging managerial responsibility?

Persons discharging managerial responsibility refer to individuals within an organization who have the authority and responsibility to make decisions that can significantly affect the company's strategic development and financial performance.

Who is required to file persons discharging managerial responsibility?

Publicly listed companies are generally required to file information about persons discharging managerial responsibility with the appropriate regulatory authorities.

How to fill out persons discharging managerial responsibility?

The process of filling out information about persons discharging managerial responsibility usually involves providing relevant details such as their names, positions, responsibilities, and any related financial interests.

What is the purpose of persons discharging managerial responsibility?

The purpose of identifying and reporting persons discharging managerial responsibility is to promote transparency, enhance corporate governance, and provide stakeholders with information about the key decision-makers within a company.

What information must be reported on persons discharging managerial responsibility?

The information to be reported on persons discharging managerial responsibility typically includes their names, positions, a description of their responsibilities, and any relevant financial interests.