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Article 1 - Definitions

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For the purposes of this Regulation, the following definitions shall apply:

((a))(a) ‘expert’ means a person referred to in Article 3(1)(34)(ii) of Regulation (EU) No 596/2014 who repeatedly proposes investment decisions in respect of financial instruments and who:

((i))(i) presents himself as having financial expertise or experience; or

((ii))(ii) puts forward his recommendation in such a way that other persons would reasonably believe he has financial expertise or experience;

((b))(b) ‘group’ means a group as defined in Article 2(11) of Directive 2013/34/EU of the European Parliament and of the Council (^{1}).(^{5}).

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