manufacture

1. (1) (in relation to PROD 1.3 and PROD 3) creating, developing, issuing and/or designing an investment, including when advising corporate issuers on the launch of new investments.127

[Note: recital 15 to the MiFID Delegated Directive]

1. (2) (in relation to PROD 1.4 and PROD 4) creating, developing, designing and/or underwriting a contract of insurance.127
2. 131 (3) (in relation to COBS 19, PROD 1.6 and PROD 6) creating, developing, designing, issuing, operating and/or underwriting a pathway investment.