Agreement of 20 December 2023 of the Council of the National Securities Market Commission on the initiation of the renewal procedure for the Advisory Committee

III. OTHER PROVISIONS
NATIONAL SECURITIES MARKET COMMISSION
442 Agreement of 20 December 2023 of the Council of the National Securities Market Commission on the initiation of the renewal procedure for the Advisory Committee.

The Council of the National Securities Market Commission, in its meeting of 20 December 2023 and under the authority of Article 9 of Royal Decree 303/2012 of 3 February, adopted the following agreement:

"Initiate the renewal procedure for the members of the Advisory Committee of the CNMV and appoint a board responsible for the supervision and control of said procedure, composed of the Secretary of the Advisory Committee and the Council of the CNMV, the General Director of Strategic Policy and International Affairs of the CNMV, in their capacity as Technical Secretary of the Advisory Committee, the Deputy General Director of the Legal Service, and a representative of the Legal Advice Unit."

As a consequence of the foregoing, and in view of Article 9(1) of Royal Decree 303/2012 of 3 February, the deadlines for the proposal of candidates shall be as follows:

a) Representative associations, representative public law corporations, and other entities authorized in accordance with the provisions of Articles 3 to 8 of the aforementioned royal decree shall communicate to the National Securities Market Commission the designation of the candidates whose proposal corresponds to them, as well as a written justification of the required representation, indicating the number of members during the year preceding the opening of the renewal process for the Committee, within a period of 15 working days from the publication of this agreement. They must present principal and substitute candidates.

b) The issuers referred to in letter a) of Article 4 of the Royal Decree shall send to the CNMV a written justification of the required status, together with the proposal of their candidacy as individuals, within a period of fifteen working days from the publication of this agreement. Each issuer may only submit a single candidacy. In accordance with Article 9.4 of the cited royal decree, by means of a draw, which will be previously communicated through announcements in the Quotation Bulletins of the official secondary markets, one principal and one substitute candidate will be chosen from among the submitted candidacies.

c) Persons of recognized prestige referred to in letter c) of Article 7 shall send to the CNMV a written justification of the required status, indicating their professional background, together with the proposal of their candidacy as individuals, within a period of fifteen working days from the publication of this initiation agreement.

The documentation must be addressed to the Board responsible for the supervision and control of the procedure for the election of members of the Advisory Committee, and submitted at the General Registry of the National Securities Market Commission, at Edison Street, 4 in Madrid, or at Bolivia Street, 56 in Barcelona, or through the CNMV electronic headquarters (www.cnmv.es) using the electronic signature systems provided for in Royal Decree 1671/2009 of 6 November, which partially develops Law 11/2007 of 22 June on electronic access of citizens to public services.

Madrid, 20 December 2023.–The President of the National Securities Market Commission, Rodrigo Buenaventura Canino.

OFFICIAL STATE BULLETIN
No. 7 Monday 8 January 2024 Sec. III. Page 2353 cve: BOE-A-2024-442 Verifiable at https://www.boe.es https://www.boe.es OFFICIAL STATE BULLETIN D. L.: M-1/1958 - ISSN: 0212-033X