Malta Financial Services Authority Act (Cap. 330), article 2

2. In this Act unless the context otherwise requires: ''Authority'' means the Malta Financial Services Authority established by article 3; "Audit Committee" means the Committee established by article 12A; ''Board of Governors'' means the Board of Governors of the Authority established by article 6; "the BRRD " means Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institution s and investment firms and amending Council Directive 82/891/EEC, and Directives 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC, 2011/35/EU, 2012/30/EU and 2013/36/EU, and Regulations (EU) No. 1093/2010 and (EU) No. 648/2012, of the European Parliament and of the Council, as amended from time to time, and includes any implementing measures, implementing technical standards, regulatory technical standards, guidelines and similar measures that have been or may be issued thereunder; "Chief Executive Officer" means the Officer responsible for the overall performance of the Authority and the implementation of its objectives, strategy, and of policies as set by the Board of Go vernors. The Chief Executive Officer shall be appointed by the Board of Governors. The Chief Executive Officer shall be a non-voting me mber of the Board of Governors; "Chief Officer" means the Office r responsible for a Directorate ; "Directorate" means a section of the Authority, established by the Board of Governors in terms of article 5, made up of a number o f units and functions; 2 CAP. 330.] MALTA FINANCIAL SERVICES AUTHORITY "Disclosure Regulation " means Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability‐related disclosures in the financial services se ctor, as amended from time to time, and includes any binding legal instruments, guidelines and other measures that have been or ma y be issued thereunder; "Executive Committee" means the Co mmittee appointed in terms of article 9; "Enforcement Decisions Committee" means the sub-committee of the Executive Committee established by article 11; ''financial year'' means a period of twelve months beginning on the 1st day of January and ending on the 31st day of December o f each year; ''financial services'' means the business of credit and financi al institutions, the business of insurance and the activities of insurance intermediaries, the pr ovision of investment services and collective investment schemes, pensions and retirement funds, regulated markets, central securi ties depositories and such oth er areas of activity or services as may be placed under the superv isory and regulatory competence of the Authority by the Minister or b y any other law; "General Counsel" means the Office r leading the Directorate for Legal and International Relations; "institution" means a credit ins titution or an investment firm; "internal audit" means an indepe ndent, objective assurance and consulting activity designed to add value and improve the operations of the Authority; "local regulated market" means a regulated market authorized un der the Financial Markets Act; "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 include s any implementing measures that have been or may be issued thereunder; "Minister" means the Minister re sponsible for the regulation of Financial Services; ''person'' includes any entity corporate or unincorporated whic h may hold a licence or other authorisation issued by the Authori ty or which falls within the supervisory or regulatory authority of t he Authority; ''prescribed'' means pr escribed under this Act, or any regulati ons or Rules issued thereunder; "Taxonomy Regulation" means Regulation (EU) 2020/852 of the European Parliament and of the Council of 18 June 2020 on the establishment of a framework to facilitate sustainable investment, and amending Regulation (EU) 2019/2088, as amended from time to tim e, and includes any binding legal instruments, guidelines and othe r MALTA FINANCIAL SERVICES AUTHORITY [CAP. 330. 3 measures that have been or may be issued thereunder. Added by XXVI.2019.78.