Article -1 Definitions

1For the purposes of this Regulation, the following definitions apply:

  1. (a)

    ‘AIF’ has the meaning given in regulation 3 of the Alternative Investment Fund Managers Regulations 2013;

  2. (b)

    ‘EEA UCITS’ means a collective investment scheme (as defined in section 235 of FSMA) established in accordance with Directive 2009/65/EC in an EEA State;

  3. (c)

    ‘regulated market’ means a regulated market which is a UK regulated market or an EU regulated market, as those terms are defined in Regulation (EU) No 600/2014 on markets in financial instruments (as amended by the Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018);

  4. (d)

    ‘UK UCITS’ has the meaning given in section 237(3) of FSMA;1

  5. (e)

    a ‘derivative-based PRIIP’ is a Category 1 PRIIP that is a future, call option, or a put option traded on a regulated market or on a third-country market considered to be equivalent to a regulated market in accordance with Article 28 of Regulation (EU) 600/2014.1