predominantly commercial group
Defined in Article 4, Directive 2014/65/EU (MIFID II)
Definitions over time (1)
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28/02/2022 – today applies on 12/11/2026 Article 4, Directive 2014/65/EU (MIFID II) Scope: Whole act
For the purposes of this Directive, the following definitions apply:
‘predominantly commercial group’ means any group of which the main business is not the provision of investment services within the meaning of this Directive, or the performance of any activity listed in Annex I to Directive 2013/36/EU, or acting as a market maker in relation to commodity derivatives.