retail investor

Defined in Article 4, Packaged Retail and Insurance-based Investment Products Regulation

Definitions over time (1)

1. 29/12/2014 – today applies on 12/11/2026 Article 4, Packaged Retail and Insurance-based Investment Products Regulation Scope: Whole act

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

   ‘retail investor’ means: a retail client as defined in point (11) of Article 4 (1) of Directive 2014/65/EU; a customer within the meaning of Directive 2002/92/EC, where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of Directive 2014/65/EU;

Used in (112 places in 36 provisions on 12/11/2026)

Packaged Retail and Insurance-based Investment Products Regulation (112 in 36)

Recital 1⁵ · Recital 2² · Recital 4 · Recital 5 · Recital 6⁵ · Recital 7² · Recital 12² · Recital 13⁵ · Recital 14² · Recital 15 · Recital 17² · Recital 18⁵ · Recital 19 · Recital 22⁵ · Recital 23 · Recital 24 · Recital 26³ · Recital 27² · Recital 28² · Recital 33 · Recital 36² · Recital 40² · Article 1² · Article 4⁴ · Article 5 · Article 6³ · Article 8¹¹ · Article 10³ · Article 11 · Article 13¹⁰ · Article 14¹⁵ · Article 19³ · Article 24 · Article 25 · Article 32² · Article 33²