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Version status: Entered into force | Document consolidation status: No known changes
Version date: 26 March 1997 - onwards
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Annex I List of exclusions referred to in Article 4(2)

1. Professional and institutional investors, including:

- investment firms as defined in Article 1(2) of Directive 93/22/EEC,

- credit institutions as defined in the first indent of Article 1 of Council Directive 77/780/EEC,

- financial institutions as defined in Article 1(6) of Council Directive 89/646/EEC,

- insurance undertakings,

- collective-investment undertakings,

- pension and retirement funds.

Other professional and institutional investors.

2. Supranational institutions, government and central administrative authorities.

3. Provincial, regional, local and municipal authorities.

4. Directors, managers and personally liable members of investment firms, persons holding 5 % or more of the capital of such investment firms, persons responsible for carrying out the statutory audits of investment firms' accounting documents and investors with similar status in other firms within the same group as such a firm.

5. Close relatives and third parties acting on behalf of the investors refer

Comparing proposed amendment...