Commission Delegated Regulation (EU) 2016/958 CHAPTER I — GENERAL PROVISIONS

Article 1 · 1 articles

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Definitions

Article 1

For the purposes of this Regulation, the following definitions shall apply: (a) ‘expert’ means a person referred to in Article 3(1)(34)(ii) of Regulation (EU) No 596/2014 who repeatedly proposes investment decisions in respect of financial instruments and who: (i) presents himself as having financial expertise or experience; or (ii) puts forward his recommendation in such a way that other persons would reasonably believe he has financial expertise or experience; (b) ‘group’ means a group as defined in Article 2(11) of Directive 2013/34/EU of the European Parliament and of the Council ( 5 ) .

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