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Version status: In force | Document consolidation status: No known changes
Version date: 22 November 2024 - onwards
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Regulation 3 Interpretation

(1) In these Regulations -

"2017 Regulations" means the Packaged Retail and Insurance-based Investment Products Regulations 2017 [S.I. 2017/1127.];

"buying" includes acquiring for valuable consideration;

"consumer composite investment" has the meaning given in regulation 4;

"FSMA 2000" means the Financial Services and Markets Act 2000;

"main commencement day" has the meaning given in regulation 2(2);

"markets in financial instruments regulation" means Regulation (EU) No 600/2014 of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Regulation (EU) No 648/2012 [EUR 2014/600.];

"PRIIPs Regulation" means Regulation (EU) No 1286/2014 of the European Parliament and of the Council of 26 November 2014 on key information documents for packaged retail and insurance-based investment products [EUR 2014/1286.];

"retail investor" means a person, other than a professional client (as defined in Article 2(1)(8) of the markets in financial instru

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