# Article 1 — Definitions **Commission Delegated Regulation (EU) 2024/1506 · binding · OJ L, 2024/1506, 30.5.2024 · dated 22 Feb 2024 [in force]** *In force · Commission Delegated Regulation (EU) 2024/1506, OJ L, 2024/1506, 30.5.2024 · Checked against EUR-Lex on 20 Oct 2026 · [Official source](https://eur-lex.europa.eu/eli/reg_del/2024/1506/oj/eng)* For the purposes of this Regulation, the following definitions shall apply:\\ 1. ‘financial institution’ means any of the following:\ a) a [credit institution](https://www.headlesslaw.com/definitions/mica/credit-institution);\ b) an [investment firm](https://www.headlesslaw.com/definitions/mica/investment-firm);\ c) an [electronic money institution](https://www.headlesslaw.com/definitions/mica/electronic-money-institution);\ d) a [payment institution](https://www.headlesslaw.com/definitions/mica/payment-institution);\ e) a [UCITS management company](https://www.headlesslaw.com/definitions/mica/ucits-management-company);\ f) an [alternative investment fund manager](https://www.headlesslaw.com/definitions/mica/alternative-investment-fund-manager);\ g) an insurance undertaking as defined in Article 13, point (1), of Directive 2009/138/EC of the European Parliament and of the Council;\ h) a reinsurance undertaking as defined in Article 13, point (4), of Directive 2009/138/EC;\ i) an institution for occupational retirement provision as defined in Article 6, point (1), of Directive (EU) 2016/2341 of the European Parliament and of the Council;\\ 2. ‘relevant period’ means the period referred to in [Article 43(2)](../../articles/43.md), point (a), of Regulation (EU) 2023/1114, or the period referred to in [Article 43(2)](../../articles/43.md), point (b), of that Regulation.\\