For the purposes of this Regulation, the following definitions shall apply:
(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)
presents himself as having financial expertise or experience; or
(ii)
puts forward his recommendation in such a way that other persons would reasonably believe he has financial expertise or experience;
(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.