S.L. 370.35 Art. 2Definitions. Cap. 345. Cap. 370. Cap. 204.

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

"the Acts" means the Financial Markets Act and the

Investment Services Act;

"Central Bank of Malta" means the bank established by article 3 of the Central Bank of Malta Act;

"central counterparty" or "CCP" means a legal person that interposes itself between the counterparties to the contracts traded on one or more financial markets, becoming the buyer to every seller and the seller to every buyer;

"EMIR Regulation" means Regulation (EU) No 648/ 2012 of the European Parliament and of the Council of the 4th July, 2012 on OTC derivatives, central counterparties and trade repositories, as amended from time to time;

"investment firm" means any person, other than persons to whom MiFID does not apply in terms of Article 2 of the said directive, whose regular occupation or business is the provision of any one or more core investment services to third parties on a professional basis;

"Maltese investment firm" means a person licensed in terms of the Act, whose head office is in Malta and who is entitled to carry on an activity in a Member State or EEA State other than Malta in exercise of a European right;

"MiFID" means Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU, as amended from time to time, and includes any implementing measures that have been or may be issued thereunder.

(2) Words and expressions used in the Acts shall, in these