Article 1
Definitions
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 ( 1 ).
( 1 ) Directive 2013/34/EU of the European Parliament and of the Council of 26 June 2013 on the annual financial statements, consolidated financial statements and related reports of certain types of undertakings, amending Directive 2006/43/EC of the European Parliament and of the Council and repealing Council Directives 78/660/EEC and 83/349/EEC (OJ L 182, 29.6.2013, p. 19).