approvalmeans the positive act at the outcome of the scrutiny by the home Member State’s competent authority of the completeness, the consistency and the comprehensibility of the information given in the prospectus, but does not concern the accuracy of that information;’
electronic formatmeans an electronic format as defined in Article 4(1), point (62a), of Directive 2014/65/EU.’
insolvency proceedingsmeans insolvency proceedings as defined in Article 2, point (4), of Regulation (EU) 2015/848 of the European Parliament and of the Council;
restructuringmeans restructuring as defined in Article 2(1), point (1), of Directive (EU) 2019/1023 of the European Parliament and of the Council;
SMEmeans a micro, small or medium-sized enterprise within the meaning of Article 2 of the Annex to Commission Recommendation 2003/361/EC.
systematic internalisermeans a systematic internaliser as defined in Article 4(1), point (20), of Directive 2014/65/EU.’