For the purposes of this Part, the following definitions apply:
(1)
‧financial customer‧ means a customer that performs one or more of the activities listed in Annex I to Directive 2013/36/EU as its main business, or is one of the following:
(a)
a credit institution;
(b)
an investment firm;
(c)
an SSPE;
(d)
a CIU;
(e)
a non-open ended investment scheme;
(f)
an insurance undertaking;
(g)
a financial holding company or mixed-financial holding company.
(2)
‧retail deposit‧ means a liability to a natural person or to an SME, where the natural person or the SME would qualify for the retail exposure class under the Standardised or IRB approaches for credit risk, or a liability to a company which is eligible for the treatment set out in Article 153(4) and where the aggregate deposits by all such enterprises on a group basis do not exceed EUR 1 million.