S.L. 345.28 Art. 2Interpretation. 

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

"Act" means the Financial Markets Act;

"binding legal instrument" means any directly applicable measures, including but not limited to, any implementing technical standards, regulatory technical standards or similar measures, issued under European Union legislation;

"Capital Markets Rules" means the Capital Markets Rules issued by the competent authority in accordance with article 13 of the Act;

"competent authority" means the Malta Financial

Services Authority established by the Malta Financial Services Authority Act;

"CSDR" means Regulation (EU) No. 909/2014 of the European Parliament and of the Council of the 23 July 2014 on improving securities settlement in the European Union and on central securities depositories and amending Directives 98/26/ EC and 2014/65/EU and Regulation (EU) No. 236/2012, as may be amended from time to time, and any binding legal instruments, guidelines and other measures that have been or may be issued thereunder;

"debt securities" means securities which create or acknowledge indebtedness;

"equity securities" means shares and other securities equivalent to shares in companies, as well as any other type of securities giving the right to acquire any of the aforementioned securities as a consequence of their being converted or the rights conferred by them being exercised, provided that securities of the latter type are issued by the issuer of the underlying shares or by an entity belonging to the group of the said issuer;

"ISIN" means the international securities identification number assigned to a security;

"issuer" means any legal entity which issues or proposes to issue securities;

"market capitalisation" means the aggregate market value of the securities traded on the trading venue, represented in euro or euro equivalent amount, at the time when the annual supervisory fee is due in accordance with these regulations;

"multilateral trading facility" means a person that is licensed under the Investment Services Act to provide, or hold himself out as providing, the investment service set out in item 9 of the First Schedule to the said Act;

"organised trading facility" means a person that is licensed under the Investment Services Act to provide, or hold himself out as providing, the investment service set out in item 11 of the First Schedule to the said Act;

"Prospectus Regulation" means Regulation (EU) No. 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Directive 2003/71/EC, as may be amended from time to time, and any binding legal instruments, guidelines and other measures that have been or may be thereunder;

"sponsor" means a person providing advice, guidance and expertise to issuers applying, or intending to apply, for admissibility to listing of securities on a local regulated market under the Act, and as may be prescribed.

(2) Words and expressions used in these regulations which are defined in the Financial Markets Act or in the Investment

Services Act, but which are not herein defined shall have the same meaning as assigned to them in the respective Acts, as applicable.