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manufacture

      1. (1) (in relation to PROD 1.3 and PROD 3) creating, developing, issuing and/or designing an investment, including when advising corporate issuers on the launch of new investments.127

    [Note: recital 15 to the MiFID Delegated Directive]

      1. (2) (in relation to PROD 1.4 and PROD 4) creating, developing, designing and/or underwriting a contract of insurance.127
      1. 137139 (3) (in relation to COBS 19, PROD 1.6 and PROD 6) creating, developing, designing, issuing, operating and/or underwriting a pathway investment or a default option160.
      1. (4) (in relation to PROD 1.7 and PROD 7) any of:148
        1. (a) creating;148
        1. (b) developing;148
        1. (c) designing; and/or148
        1. (d) entering as provider into a funeral plan contract and/or carrying out a funeral plan contract as provider,148
        a funeral plan product.148
      1. (5) (in PRIN)158
        1. (a) creating, developing, designing, issuing, managing, operating, carrying out, or (for insurance or credit purposes only) underwriting a product; or158
        1. (b) in relation to a closed product or an existing product:158
          1. (i) having created, developed, designed or issued the product; or158
          1. (ii) currently managing, operating, carrying out, or (for insurance or credit purposes only) underwriting the product.158