+Article 4 Definitions

Article 4 Definitions

Article 4

Definitions

For the purposes of this Regulation the following definitions apply:

(1) 

‘financial market participant’ means any person in relation to whom a requirement in the legislation referred to in Article 1(2) or a national law implementing such legislation applies;

(2) 

‘key financial market participant’ means a financial market participant whose regular activity or financial viability has or is likely to have a significant effect on the stability, integrity or efficiency of the financial markets in the Union;

(3) 

‘competent authorities’ means:

(i) 

competent authorities and/or supervisory authorities as defined in the legislation referred to in Article 1(2);

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(ii) 

with regard to Directive 2002/65/EC, the authorities and bodies competent for ensuring compliance with the requirements of that Directive by firms providing investment services and by collective investment undertakings marketing their units or shares;

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(iii) 

with regard to investor compensation schemes, bodies which administer national compensation schemes pursuant to Directive 97/9/EC, or in the case where the operation of the investor compensation scheme is administered by a private company, the public authority supervising those schemes pursuant to that Directive;

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(iv) 

with regard to Regulation (EU) 2021/23 of the European Parliament and of the Council ( 9 ), a resolution authority as defined in point (3) of Article 2 of that Regulation.

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1. Panoramica

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1.1 Riferimenti

1.2 Requisiti identificati

1.3 Standard correlati

2. Requisiti identificati

Requisiti

3. Standard correlati

Standard