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Version date: 18 August 2017 - onwards

Chapter 12 - Definitions

A new definition is added to Chapter 12 after 'Member State' and before 'MiFID service':

'MiFID Article 3 services' means the services specified in Regulation 4(3) of the MiFID Regulations 2017, transposing Article 3(1)(b) and Article 3(1)(c) of Directive 2014/65/EU.

The definition of "fair analysis of the market" in Chapter 12 is amended to add 'or investment products' after 'contracts' and 'or investment product' after 'contract'.

The definition of "MiFID service" in Chapter 12 is deleted and replaced with the following:

"'MiFID service' means any service or activity set out in Schedule 1 of the MiFID II Regulations 2017, but not including any service or activity of a person to whom such Regulations do not apply by virtue of Regulation 4(3) of such Regulations."

Comparing proposed amendment...