S.L. 330.16 Art. 2Interpretation. Cap. 330.

(1) In these regulations, unless the context otherwise requires:

"the Act" means the Malta Financial Services Authority

Act;

''competent authority'' means the Malta Financial Services Authority established by article 3 of the Act;

"European regulatory authority" means the supervisory authority or supervisory authorities as defined in Article 2 of PEPP Regulation, designated by a Member State or an EEA State, other than Malta, empowered by law or regulation to supervise a PEPP provider;

"Financial Services Tribunal" means the tribunal established in terms of article 21 of the Act;

"Member State" means a Member State of the European Union;

"PEPP" means a pan-European Personal Pension Productor "PEPP" as defined in Article 2(2) of the PEPP Regulation;

"PEPP distributor" means a financial undertaking as referred to in Article 6(1) of the PEPP Regulation authorised to

*These Regulations came into force by Legal Notice 197 of 2022. EUROPEAN PERSONAL PENSION PRODUCT (PEPP))

distribute PEPPs not manufactured by it, an investment firm providing investment advice, or an insurance intermediary as defined in point (3) of Article 2(1) of Directive (EU) 2016/97 of the European Parliament and of the Council;

"PEPP provider" means a financial undertaking as referred to in Article 6(1) of the PEPP Regulation, authorised to manufacture a PEPP and to distribute that PEPP;

"PEPP Regulation" means the Regulation (EU) 2019/ 1238 of the European Parliament and of the Council of 20 June 2019 on a pan-European Personal Pension Product (PEPP);

"PEPP saver" means a natural person who has concluded a PEPP contract with a PEPP provider.

(2) Words and expressions used in these regulations and which are also used in the Act, shall have, unless the context otherwise requires, the same meaning assigned to them in the Act.

(3) In the event that there is any conflict between these regulations and the provisions of the PEPP Regulation, the provisions of the PEPP Regulation shall prevail.