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magnet coating

Critical Raw Materials Act
a layer of material generally used to protect magnets from corrosion

magnetic resonance imaging device

Critical Raw Materials Act
a non-invasive medical device that uses magnetic fields to make anatomical images or any other device that uses magnetic fields to make images of the inside of object

maintenance

Ecodesign for Sustainable Products Regulation
one or more actions carried out to keep a product in a condition where it is able to fulfil its intended purpose

maintenance or servicing

F-gas Regulation
all activities, excluding recovery in accordance with Article 8 and leak checks in accordance with Article 4 and Article 10(1), first subparagraph, point (b), that entail opening the circuits or other subparts containing or designed to contain fluorinated greenhouse gases, supplying the system with fluorinated greenhouse gases, removing one or more pieces of circuit or equipment, reassembling two or more pieces of circuit or equipment, as well as repairing leaks, or adding fluorinated greenhouse gas

major ICT-related incident

DORA
an ICT-related incident that has a high adverse impact on the network and information systems that support critical or important functions of the financial entity

major operational or security payment-related incident

DORA
an operational or security payment-related incident that has a high adverse impact on the payment-related services provided

making available on the market 14 definitions

AI Act
the supply of an AI system or a general-purpose AI model for distribution or use on the Union market in the course of a commercial activity, whether in return for payment or free of charge
Batteries Regulation
any supply of a battery for distribution or use on the Union market in the course of a commercial activity, whether in return for payment or free of charge
Cosmetics Regulation
any supply of a cosmetic product for distribution, consumption or use on the Community market in the course of a commercial activity, whether in return for payment or free of charge
Critical Raw Materials Act
any supply of a product for distribution, consumption or use on the Union market in the course of a commercial activity, whether in return for payment or free of charge
Cyber Resilience Act
the supply of a product with digital elements for distribution or use on the Union market in the course of a commercial activity, whether in return for payment or free of charge
Data Act
any supply of a connected product for distribution, consumption or use on the Union market in the course of a commercial activity, whether in return for payment or free of charge
Deforestation Regulation
any supply of a relevant product for distribution, consumption or use on the Union market in the course of a commercial activity, whether in return for payment or free of charge
Ecodesign for Sustainable Products Regulation
any supply of a product for distribution, consumption or use on the Union market in the course of a commercial activity, whether in return for payment or free of charge
European Accessibility Act
any supply of a product for distribution, consumption or use on the Union market in the course of a commercial activity, whether in return for payment or free of charge
General Product Safety Regulation
any supply of a product for distribution, consumption or use on the Union market in the course of a commercial activity, whether in return for payment or free of charge
In Vitro Diagnostic Medical Devices Regulation
any supply of a device, other than a device for performance study, for distribution, consumption or use on the Union market in the course of a commercial activity, whether in return for payment or free of charge
Machinery Regulation
any supply of a product within the scope of this Regulation for distribution or use on the Union market in the course of a commercial activity, whether in return for payment or free of charge
Medical Devices Regulation
any supply of a device, other than an investigational device, for distribution, consumption or use on the Union market in the course of a commercial activity, whether in return for payment or free of charge
Single-Use Plastics Directive
any supply of a product for distribution, consumption or use on the market of a Member State in the course of a commercial activity, whether in return for payment or free of charge

malfunction

Methane Regulation
a sudden, unavoidable failure or breakdown of equipment beyond the reasonable control of the operator which substantially disrupts operations but does not constitute an equipment failure or breakdown caused entirely or in part by poor maintenance or negligent operation, or by another preventable cause

managed security service provider

NIS2 Directive
a managed service provider that carries out or provides assistance for activities relating to cybersecurity risk management

managed service provider

NIS2 Directive
an entity that provides services related to the installation, management, operation or maintenance of ICT products, networks, infrastructure, applications or any other network and information systems, via assistance or active administration carried out either on customers’ premises or remotely

management body 12 definitions

Anti-Money Laundering Regulation (AMLR)
an obliged entity’s body or bodies, which are appointed in accordance with national law, which are empowered to set the obliged entity’s strategy, objectives and overall direction, and which oversee and monitor management decision-making, and include the persons who effectively direct the business of the obliged entity; where no such body exists, the person who effectively directs the business of the obliged entity
BRRD
a management body as defined in point (7) of Article 3(1) of Directive 2013/36/EU
Benchmarks Regulation
the body or bodies of an administrator or another supervised entity which are appointed in accordance with national law, which are empowered to set the strategy, objectives and overall direction of the administrator or other supervised entity, and which oversee and monitor management decision-making and include persons who effectively direct the business of the administrator or other supervised entity
CRD IV
an institution's body or bodies, which are appointed in accordance with national law, which are empowered to set the institution's strategy, objectives and overall direction, and which oversee and monitor management decision-making, and include the persons who effectively direct the business of the institution
CRR
management body as defined in point (7) of Article 3(1) of Directive 2013/36/EU
CSDR
the body or bodies of a CSD, appointed in accordance with national law, which is empowered to set the CSD’s strategy, objectives and overall direction, and which oversees and monitors management decision-making and includes persons who effectively direct the business of the CSD. Where, according to national law, a management body comprises different bodies with specific functions, the requirements of this Regulation shall apply only to members of the management body to whom the applicable national law assigns the respective responsibility
DORA
a management body as defined in Article 4(1), point (36), of Directive 2014/65/EU, Article 3(1), point (7), of Directive 2013/36/EU, Article 2(1), point (s), of Directive 2009/65/EC of the European Parliament and of the Council (31), Article 2(1), point (45), of Regulation (EU) No 909/2014, Article 3(1), point (20), of Regulation (EU) 2016/1011, and in the relevant provision of the Regulation on markets in crypto-assets, or the equivalent persons who effectively run the entity or have key functions in accordance with relevant Union or national law
Investment Firms Directive
a management body as defined in point (36) of Article 4(1) of Directive 2014/65/EU
Investment Firms Regulation
a management body as defined in point (36) of Article 4(1) of Directive 2014/65/EU
MiCA
the body or bodies of an issuer, offeror or person seeking admission to trading, or of a crypto-asset service provider, which are appointed in accordance with national law, which are empowered to set the entity’s strategy, objectives and overall direction, and which oversee and monitor management decision-making in the entity and include the persons who effectively direct the business of the entity
MiFID II
the body or bodies of an investment firm, market operator or data reporting services provider, which are appointed in accordance with national law, which are empowered to set the entity’s strategy, objectives and overall direction, and which oversee and monitor management decision-making and include persons who effectively direct the business of the entity. Where this Directive refers to the management body and, pursuant to national law, the managerial and supervisory functions of the management body are assigned to different bodies or different members within one body, the Member State shall identify the bodies or members of the management body responsible in accordance with its national law, unless otherwise specified by this Directive
MiFIR
a management body as defined in Article 4(1)(36) of Directive 2014/65/EU

management body in its management function

Anti-Money Laundering Regulation (AMLR)
the management body responsible for the day-to-day management of the obliged entity

management body in its supervisory function 3 definitions

Anti-Money Laundering Regulation (AMLR)
the management body acting in its role of overseeing and monitoring management decision-making
CRD IV
the management body acting in its role of overseeing and monitoring management decision-making
Investment Firms Directive
the management body acting in its role of overseeing and monitoring management decision‐making

management company 2 definitions

DORA
a management company as defined in Article 2(1), point (b), of Directive 2009/65/EC
Transparency Directive
a company as defined in Article 1a(2) of Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) (12)

manager of alternative investment funds

DORA
a manager of alternative investment funds as defined in Article 4(1), point (b), of Directive 2011/61/EU

managing AIFs

AIFMD
performing at least investment management functions referred to in point 1(a) or (b) of Annex I for one or more AIFs

mandatory food information

Food Information to Consumers Regulation
the particulars that are required to be provided to the final consumer by Union provisions

manufacturer 9 definitions

Batteries Regulation
any natural or legal person who manufactures a battery or has a battery designed or manufactured, and markets that battery under its own name or trademark or puts it into service for its own purposes
Cosmetics Regulation
any natural or legal person who manufactures a cosmetic product or has such a product designed or manufactured, and markets that cosmetic product under his name or trademark
Cyber Resilience Act
a natural or legal person who develops or manufactures products with digital elements or has products with digital elements designed, developed or manufactured, and markets them under its name or trademark, whether for payment, monetisation or free of charge
Ecodesign for Sustainable Products Regulation
any natural or legal person that manufactures a product or that has a product designed or manufactured, and markets that product under their name or trademark
European Accessibility Act
any natural or legal person who manufactures a product or has a product designed or manufactured, and markets that product under its name or trademark
General Product Safety Regulation
any natural or legal person who manufactures a product or has a product designed or manufactured, and markets that product under that person’s name or trademark
In Vitro Diagnostic Medical Devices Regulation
a natural or legal person who manufactures or fully refurbishes a device or has a device designed, manufactured or fully refurbished, and markets that device under its name or trade mark
Machinery Regulation
any natural or legal person who:
Medical Devices Regulation
a natural or legal person who manufactures or fully refurbishes a device or has a device designed, manufactured or fully refurbished, and markets that device under its name or trademark

Manufacturing

Clinical Trials Regulation
total and partial manufacture, as well as the various processes of dividing up, packaging and labelling (including blinding)

manufacturing capacity

Net-Zero Industry Act
the total amount of output capacity of the net-zero technologies produced in a manufacturing project or, where a manufacturing project produces specific components or specific machinery primarily used for the production of such products rather than the final products themselves, the output capacity of the final products for which such components or specific machinery are produced.

margin agreement

CRR
an agreement or provisions of an agreement under which one counterparty must supply collateral to a second counterparty when an exposure of that second counterparty to the first counterparty exceeds a specified level

margin lending transaction 2 definitions

Investment Firms Regulation
margin lending transactions as defined in point (10) of Article 3 of Regulation (EU) 2015/2365 of the European Parliament and of the Council (21)
SFTR
a transaction in which a counterparty extends credit in connection with the purchase, sale, carrying or trading of securities, but not including other loans that are secured by collateral in the form of securities

margin lending transactions

CRR
transactions in which an institution extends credit in connection with the purchase, sale, carrying or trading of securities. Margin lending transactions do not include other loans that are secured by collateral in the form of securities; Netting set, hedging sets, and related terms

margin period of risk

CRR
the time period from the most recent exchange of collateral covering a netting set of transactions with a defaulting counterparty until the transactions are closed out and the resulting market risk is re-hedged

margin threshold

CRR
the largest amount of an exposure that remains outstanding before one party has the right to call for collateral

marine waters

EU Taxonomy Regulation
marine waters as defined in point 1 of Article 3 of Directive 2008/56/EC

market coupling

CBAM Regulation
the allocation of transmission capacity through a Union system which simultaneously matches orders and allocates cross-zonal capacities as set out in Regulation (EU) 2015/1222

market maker 3 definitions

Market Abuse Regulation
a market maker as defined in point (7) of Article 4(1) of Directive 2014/65/EU
MiFID II
a person who holds himself out on the financial markets on a continuous basis as being willing to deal on own account by buying and selling financial instruments against that person’s proprietary capital at prices defined by that person
MiFIR
a market maker as defined in Article 4(1)(7) of Directive 2014/65/EU

market making activities

Short Selling Regulation
the activities of an investment firm, a credit institution, a third-country entity, or a firm as referred to in point (l) of Article 2(1) of Directive 2004/39/EC, which is a member of a trading venue or of a market in a third country, the legal and supervisory framework of which has been declared equivalent by the Commission pursuant to Article 17(2) where it deals as principal in a financial instrument, whether traded on or outside a trading venue, in any of the following capacities:

market operator 4 definitions

Electricity Regulation (recast)
an entity that provides a service whereby the offers to sell electricity are matched with bids to buy electricity
Market Abuse Regulation
a market operator as defined in point (18) of Article 4(1) of Directive 2014/65/EU
MiFID II
a person or persons who manages and/or operates the business of a regulated market and may be the regulated market itself
MiFIR
a market operator as defined in Article 4(1)(18) of Directive 2014/65/EU

market participant 4 definitions

Batteries Regulation
a market participant as defined in Article 2, point (25), of Regulation (EU) 2019/943 of the European Parliament and of the Council (45). 2. In addition to the definitions referred to in paragraph 1, the following definitions apply:
Electricity Market Directive (recast)
market participant as defined in point (25) of Article 2 of Regulation (EU) 2019/943
Electricity Regulation (recast)
a natural or legal person who buys, sells or generates electricity, who is engaged in aggregation or who is an operator of demand response or energy storage services, including through the placing of orders to trade, in one or more electricity markets, including in balancing energy markets
REMIT Regulation
any person, including transmission system operators, who enters into transactions, including the placing of orders to trade, in one or more wholesale energy markets

market risk

Solvency II Directive
the risk of loss or of adverse change in the financial situation resulting, directly or indirectly, from fluctuations in the level and in the volatility of market prices of assets, liabilities and financial instruments

market surveillance 3 definitions

General Product Safety Regulation
the activities carried out and measures taken by market surveillance authorities to ensure that products comply with the requirements set out in this Regulation
In Vitro Diagnostic Medical Devices Regulation
the activities carried out and measures taken by public authorities to check and ensure that devices comply with the requirements set out in the relevant Union harmonisation legislation and do not endanger health, safety or any other aspect of public interest protection
Medical Devices Regulation
the activities carried out and measures taken by competent authorities to check and ensure that devices comply with the requirements set out in the relevant Union harmonisation legislation and do not endanger health, safety or any other aspect of public interest protection

market surveillance authority 4 definitions

AI Act
the national authority carrying out the activities and taking the measures pursuant to Regulation (EU) 2019/1020
Cyber Resilience Act
a market surveillance authority as defined in Article 3, point (4), of Regulation (EU) 2019/1020
General Product Safety Regulation
an authority designated by a Member State under Article 10 of Regulation (EU) 2019/1020 as responsible for organising and carrying out market surveillance in the territory of that Member State
Machinery Regulation
a ‘market surveillance authority’ as defined in Article 3, point (4), of Regulation (EU) 2019/1020

market value

CRR
for the purposes of immovable property, the estimated amount for which the property should exchange on the date of valuation between a willing buyer and a willing seller in an arm's-length transaction after proper marketing wherein the parties had each acted knowledgeably, prudently and without being under compulsion

marketing

AIFMD
a direct or indirect offering or placement at the initiative of the AIFM or on behalf of the AIFM of units or shares of an AIF it manages to or with investors domiciled or with a registered office in the Union

marketing communications

Crowdfunding Regulation
any information or communication from a crowdfunding service provider to a prospective investor or prospective project owner about the services of the crowdfunding service provider, other than investor disclosures required under this Regulation

market maker

Transparency Directive
a person who holds himself out on the financial markets on a continuous basis as being willing to deal on own account by buying and selling financial instruments against his proprietary capital at prices defined by him

marking to market

CRR
the valuation of positions at readily available close out prices that are sourced independently, including exchange prices, screen prices or quotes from several independent reputable brokers

marking to model

CRR
any valuation which has to be benchmarked, extrapolated or otherwise calculated from one or more market inputs

mass caterer

Food Information to Consumers Regulation
any establishment (including a vehicle or a fixed or mobile stall), such as restaurants, canteens, schools, hospitals and catering enterprises in which, in the course of a business, food is prepared to be ready for consumption by the final consumer

master AIF

AIFMD
an AIF in which another AIF invests or has an exposure in accordance with point (m)

matched principal trading 2 definitions

MiCA
matched principal trading as defined in Article 4(1), point (38), of Directive 2014/65/EU
MiFID II
a transaction where the facilitator interposes itself between the buyer and the seller to the transaction in such a way that it is never exposed to market risk throughout the execution of the transaction, with both sides executed simultaneously, and where the transaction is concluded at a price where the facilitator makes no profit or loss, other than a previously disclosed commission, fee or charge for the transaction

material

Accounting Directive
the status of information where its omission or misstatement could reasonably be expected to influence decisions that users make on the basis of the financial statements of the undertaking. The materiality of individual items shall be assessed in the context of other similar items.

means of distance communication 2 definitions

Food Information to Consumers Regulation
any means which, without the simultaneous physical presence of the supplier and the consumer, may be used for the conclusion of a contract between those parties. 3. For the purposes of this Regulation the country of origin of a food shall refer to the origin of a food as determined in accordance with Articles 23 to 26 of Regulation (EEC) No 2913/92. 4. The specific definitions set out in Annex I shall also apply.
PSD2
a method which, without the simultaneous physical presence of the payment service provider and the payment service user, may be used for the conclusion of a payment services contract

median gender pay gap

Pay Transparency Directive
the difference between the median pay level of female and median pay level of male workers of an employer expressed as a percentage of the median pay level of male workers

median pay level

Pay Transparency Directive
the pay level at which half of the workers of an employer earn more and half of them earn less

mediation

Platform-to-Business Regulation
any structured process as defined in point (a) of Article 3 of Directive 2008/52/EC

medical device 4 definitions

Cross-border Healthcare Directive
a medical device as defined by Directive 90/385/EEC, Directive 93/42/EEC or Directive 98/79/EC
Health Technology Assessment Regulation
a medical device as defined in Article 2, point (1), of Regulation (EU) 2017/745
In Vitro Diagnostic Medical Devices Regulation
‘medical device’ as defined in point (1) of Article 2 of Regulation (EU) 2017/745
Medical Devices Regulation
any instrument, apparatus, appliance, software, implant, reagent, material or other article intended by the manufacturer to be used, alone or in combination, for human beings for one or more of the following specific medical purposes: — diagnosis, prevention, monitoring, prediction, prognosis, treatment or alleviation of disease, — diagnosis, monitoring, treatment, alleviation of, or compensation for, an injury or disability, — investigation, replacement or modification of the anatomy or of a physiological or pathological process or state, — providing information by means of in vitro examination of specimens derived from the human body, including organ, blood and tissue donations, and which does not achieve its principal intended action by pharmacological, immunological or metabolic means, in or on the human body, but which may be assisted in its function by such means. The following products shall also be deemed to be medical devices: — devices for the control or support of conception; — products specifically intended for the cleaning, disinfection or sterilisation of devices as referred to in Article 1(4) and of those referred to in the first paragraph of this point.

medical records

Cross-border Healthcare Directive
all the documents containing data, assessments and information of any kind on a patient’s situation and clinical development throughout the care process.

medicinal product 2 definitions

Cross-border Healthcare Directive
a medicinal product as defined by Directive 2001/83/EC
Health Technology Assessment Regulation
a medicinal product as defined in Article 1, point (2), of Directive 2001/83/EC of the European Parliament and of the Council (14)

medium-sized enterprise

DORA
a financial entity that is not a small enterprise and employs fewer than 250 persons and has an annual turnover that does not exceed EUR 50 million and/or an annual balance sheet that does not exceed EUR 43 million

member

IORP II
a person, other than a beneficiary or a prospective member, whose past or current occupational activities entitle or will entitle him/her to retirement benefits in accordance with the provisions of a pension scheme

Member State

EPPO Regulation
except where otherwise indicated, in particular in Chapter VIII, a Member State which participates in enhanced cooperation on the establishment of the EPPO, as deemed to be authorised in accordance with the third subparagraph of Article 86(1) TFEU, or by virtue of a decision adopted in accordance with the second or third subparagraph of Article 331(1) TFEU

Member State concerned

Clinical Trials Regulation
the Member State where an application for authorisation of a clinical trial or of a substantial modification has been submitted under Chapters II or III of this Regulation respectively

Member State in which the risk is situated

Solvency II Directive
any of the following:

Member State of reference

AIFMD
the Member State determined in accordance with Article 37(4); (aa) ‘non-EU AIF’ means an AIF which is not an EU AIF; (ab) ‘non-EU AIFM’ means an AIFM which is not an EU AIFM; (ac) ‘non-listed company’ means a company which has its registered office in the Union and the shares of which are not admitted to trading on a regulated market within the meaning of point (14) of Article 4(1) of Directive 2004/39/EC; (ad) ‘own funds’ means own funds as referred to in Articles 56 to 67 of Directive 2006/48/EC; (ae) ‘parent undertaking’ means a parent undertaking within the meaning of Articles 1 and 2 of Directive 83/349/EEC; (af) ‘prime broker’ means a credit institution, a regulated investment firm or another entity subject to prudential regulation and ongoing supervision, offering services to professional investors primarily to finance or execute transactions in financial instruments as counterparty and which may also provide other services such as clearing and settlement of trades, custodial services, securities lending, customised technology and operational support facilities; (ag) ‘professional investor’ means an investor which is considered to be a professional client or may, on request, be treated as a professional client within the meaning of Annex II to Directive 2004/39/EC; (ah) ‘qualifying holding’ means a direct or indirect holding in an AIFM which represents 10 % or more of the capital or of the voting rights, in accordance with Articles 9 and 10 of Directive 2004/109/EC, taking into account the conditions regarding aggregation of the holding laid down in Article 12(4) and (5) thereof, or which makes it possible to exercise a significant influence over the management of the AIFM in which that holding subsists; (ai) ‘employees’ representatives’ means employees’ representatives as defined in point (e) of Article 2 of Directive 2002/14/EC; (aj) ‘retail investor’ means an investor who is not a professional investor; (ak) ‘subsidiary’ means a subsidiary undertaking as defined in Articles 1 and 2 of Directive 83/349/EEC; (al) ‘supervisory authorities’ in relation to non-EU AIFs means the national authorities of a third country which are empowered by law or regulation to supervise AIFs; (am) ‘supervisory authorities’ in relation to non-EU AIFMs means the national authorities of a third country which are empowered by law or regulation to supervise AIFMs; (an) ‘securitisation special purpose entities’ means entities whose sole purpose is to carry on a securitisation or securitisations within the meaning of Article 1(2) of Regulation (EC) No 24/2009 of the European Central Bank of 19 December 2008 concerning statistics on the assets and liabilities of financial vehicle corporations engaged in securitisation transactions (23) and other activities which are appropriate to accomplish that purpose; (ao) ‘UCITS’ means an undertaking for collective investment in transferable securities authorised in accordance with Article 5 of Directive 2009/65/EC. 2. For the purposes of point (ad) of paragraph 1 of this Article, Articles 13 to 16 of Directive 2006/49/EC of the European Parliament and of the Council of 14 June 2006 on the capital adequacy of investment firms and credit institutions (24) shall apply mutatis mutandis. 3. The Commission shall adopt, by means of delegated acts in accordance with Article 56 and subject to the conditions of Articles 57 and 58, measures specifying:

Member State of the branch

Reinsurance Directive
the Member State in which the branch of a reinsurance undertaking is situated

Member State of the commitment

Solvency II Directive
the Member State in which either of the following is situated:

Member State of treatment

Cross-border Healthcare Directive
the Member State on whose territory healthcare is actually provided to the patient. In the case of telemedicine, healthcare is considered to be provided in the Member State where the healthcare provider is established

metadata

Data Act
a structured description of the contents or the use of data facilitating the discovery or use of that data

methane emissions

Methane Regulation
all direct emissions from any component, whether they result from venting, incomplete combustion from flaring, or from leaks

methane performance profile

Methane Regulation
the individual information and datasheets for Member States, third countries and, as applicable, Union producers or importers, as well as third-country producers or exporters supplying crude oil, natural gas or coal to the Union or placing crude oil, natural gas or coal on the Union market, as applicable, which are published in the methane transparency database

micro, small and medium-sized enterprises

BRRD
micro, small and medium-sized enterprises as defined with regard to the annual turnover criterion referred to in Article 2(1) of the Annex to Commission Recommendation 2003/361/EC (29)

micro-cogeneration unit

Energy Efficiency Directive
a cogeneration unit with a maximum capacity below 50 kWe

microenterprise 5 definitions

DORA
a financial entity, other than a trading venue, a central counterparty, a trade repository or a central securities depository, which employs fewer than 10 persons and has an annual turnover and/or annual balance sheet total that does not exceed EUR 2 million
Data Act
a microenterprise as defined in Article 2(3) of the Annex to Recommendation 2003/361/EC
Electricity Market Directive (recast)
an enterprise which employs fewer than 10 persons and whose annual turnover and/or annual balance sheet total does not exceed EUR 2 million
European Accessibility Act
an enterprise which employs fewer than 10 persons and which has an annual turnover not exceeding EUR 2 million or an annual balance sheet total not exceeding EUR 2 million
PSD2
an enterprise, which at the time of conclusion of the payment service contract, is an enterprise as defined in Article 1 and Article 2(1) and (3) of the Annex to Recommendation 2003/361/EC

microwave

Critical Raw Materials Act
any appliance intended to be used for the heating of food using electromagnetic energy

military equipment

F-gas Regulation
arms, munitions and material intended specifically for military purposes which are necessary for the protection of the essential interests of the security of Member States

mine operator

Methane Regulation
any natural or legal person who operates or controls a coal mine or, where provided for under national law, to whom decisive economic power over the technical functioning of a coal mine has been delegated

mineral occurrences

Critical Raw Materials Act
any single mineral or combination of minerals occurring in a mass or deposit of potential economic interest

minimum wage

Adequate Minimum Wages Directive
the minimum remuneration set by law or collective agreements that an employer, including in the public sector, is required to pay to workers for the work performed during a given period

Minor 3 definitions

Clinical Trials Regulation
a subject who is, according to the law of the Member State concerned, under the age of legal competence to give informed consent
Dublin III Regulation
a third-country national or a stateless person below the age of 18 years
Package Travel Directive
a person below the age of 18 years

minority interest

CRR
the amount of Common Equity Tier 1 capital of a subsidiary of an institution that is attributable to natural or legal persons other than those included in the prudential scope of consolidation of the institution

missed connection

Rail Passengers' Rights Regulation (recast)
a situation where a passenger misses one or more services in the course of a rail journey, sold in the form of a through-ticket, as a result of the delay or cancellation of one or more previous services, or of the departure of a service before the scheduled departure time

mitigation strategies

Critical Raw Materials Act
the policies developed by an economic operator to limit the likelihood of a supply disruption to its raw materials supply chain or to mitigate the damages caused by such a supply disruption to its economic activity

mixed activity holding company 2 definitions

CRD IV
mixed activity holding company as defined in point (22) of Article 4(1) of Regulation (EU) No 575/2013
CRR
a parent undertaking, other than a financial holding company or an institution or a mixed financial holding company, the subsidiaries of which include at least one institution

mixed financial holding company 7 definitions

BRRD
a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013
CRD IV
mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013
CRR
mixed financial holding company as defined in point (15) of Article 2 of Directive 2002/87/EC
Investment Firms Directive
a mixed financial holding company as defined in point (15) of Article 2 of Directive 2002/87/EC of the European Parliament and of the Council (21)
Investment Firms Regulation
a mixed financial holding company as defined in point (15) of Article 2 of Directive 2002/87/EC of the European Parliament and of the Council (22)
SRM Regulation
a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013
SSM Regulation
a mixed financial holding company as defined in point 15 of Article 2 of Directive 2002/87/EC of the European Parliament and of the Council of 16 December 2002 on the supplementary supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate (14)

mixed-activity holding company

BRRD
a mixed-activity holding company as defined in point (22) of Article 4(1) of Regulation (EU) No 575/2013

mixed-activity insurance holding company

Solvency II Directive
a parent undertaking, other than an insurance undertaking, a third-country insurance undertaking, a reinsurance undertaking, a third-country reinsurance undertaking, an insurance holding company or a mixed financial holding company within the meaning of Directive 2002/87/EC, which includes at least one insurance or reinsurance undertaking among its subsidiary undertakings. 2. For the purposes of this Title, the supervisory authorities shall also consider as a parent undertaking any undertaking which, in the opinion of the supervisory authorities, effectively exercises a dominant influence over another undertaking. They shall also consider as a subsidiary undertaking any undertaking over which, in the opinion of the supervisory authorities, a parent undertaking effectively exercises a dominant influence. They shall also consider as participation the holding, directly or indirectly, of voting rights or capital in an undertaking over which, in the opinion of the supervisory authorities, a significant influence is effectively exercised.

mixed‐activity holding company

Investment Firms Directive
a parent undertaking other than a financial holding company, an investment holding company, a credit institution, an investment firm, or a mixed financial holding company within the meaning of Directive 2002/87/EC, the subsidiaries of which include at least one investment firm

mixture 2 definitions

Cosmetics Regulation
a mixture or solution composed of two or more substances
F-gas Regulation
a substance composed of two or more substances, at least one of which is a substance listed in Annex I, II or III

mobile

F-gas Regulation
normally in transit during operation

model risk 2 definitions

CRD IV
the potential loss an institution may incur, as a consequence of decisions that could be principally based on the output of internal models, due to errors in the development, implementation or use of such models
CRR
model risk as defined in point (11) of Article 3(1) of Directive 2013/36/EU

money laundering 2 definitions

Anti-Money Laundering Regulation (AMLR)
the conduct set out in Article 3, paragraphs 1 and 5, of Directive (EU) 2018/1673 including aiding and abetting, inciting and attempting to commit that conduct, whether the activities which generated the property to be laundered were carried out on the territory of a Member State or on that of a third country; knowledge, intent or purpose required as an element of that conduct may be inferred from objective factual circumstances
Wire Transfer Regulation (recast)
the money laundering activities referred to in Article 1(3) and (4) of Directive (EU) 2015/849

money remittance

PSD2
a payment service where funds are received from a payer, without any payment accounts being created in the name of the payer or the payee, for the sole purpose of transferring a corresponding amount to a payee or to another payment service provider acting on behalf of the payee, and/or where such funds are received on behalf of and made available to the payee

money-market instruments 2 definitions

CSDR
money-market instruments as defined in point (17) of Article 4(1) of Directive 2014/65/EU
MiFID II
those classes of instruments which are normally dealt in on the money market, such as treasury bills, certificates of deposit and commercial papers and excluding instruments of payment

mortgage lending value

CRR
the value of immovable property as determined by a prudent assessment of the future marketability of the property taking into account long-term sustainable aspects of the property, the normal and local market conditions, the current use and alternative appropriate uses of the property

most appropriate PSAP 2 definitions

European Accessibility Act
most appropriate PSAP as defined in point 37 of Article 2 of Directive (EU) 2018/1972
European Electronic Communications Code
a PSAP established by responsible authorities to cover emergency communications from a certain area or for emergency communications of a certain type

mother plant

Organic Farming Regulation
an identified plant from which plant reproductive material is taken for the reproduction of new plants

motor vehicle

Critical Raw Materials Act
any type-approved vehicle of the M or N categories as set out in Article 4(1), points (a) and (b), of Regulation (EU) 2018/858

multi-stakeholder governance

Critical Raw Materials Act
a formal, meaningful, and substantive role of multiple types of stakeholders, including at least civil society, in the decision-making of a certification scheme, documented by way of a mandate, terms of reference or other evidence, which confirms or supports the involvement of the multi-stakeholder representatives of that certification scheme.

multilateral system 2 definitions

MiFID II
any system or facility in which multiple third-party buying and selling trading interests in financial instruments are able to interact in the system
MiFIR
a multilateral system as defined in Article 4(1)(19) of Directive 2014/65/EU

multilateral trading facility

CRR
multilateral trading facility as defined in point 15 of Article 4 of Directive 2004/39/EC

multipack centralised refrigeration systems

F-gas Regulation
systems with two or more compressors operated in parallel, which are connected to one or more common condensers and to a number of cooling devices such as display cases, cabinets and freezers, or to chilled store rooms

multiple-vote securities

Takeover Bids Directive
securities included in a distinct and separate class and carrying more than one vote each. 2. For the purposes of paragraph 1(d), persons controlled by another person within the meaning of Article 87 of Directive 2001/34/EC (12) shall be deemed to be persons acting in concert with that other person and with each other.

municipal waste

Landfill Directive
waste from households, as well as other waste which, because of its nature or composition, is similar to waste from household