This Part shall not apply to -
(a) financial products listed in points (b) and (f) of point (12) of Article 2 of Regulation (EU) 2019/2088, or
(b) undertakings listed in points (2) to (23) of Article 2(5) of Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 [OJ No. L 176, 27.06.2013, p. 338].