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

(1) "investment firm" means an investment firm as defined in Article 4(1)(1) of Directive 2014/65/EU;

(2) "investment services and activities" means investment services and activities defined in Article 4(1)(2) of Directive 2014/65/EU;

(3) "ancillary services" means ancillary services as defined in Article 4(1)(3) of Directive 2014/65/EU;

(4) "execution of orders on behalf of clients" means execution on behalf of clients as defined in Article 4(1)(5) of Directive 2014/65/EU;

(5) "dealing on own account" means dealing on own account as defined in Article 4(1)(6) of Directive 2014/65/EU;