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. 137139 (3) (in relation to COBS 19, PROD 1.6 and PROD 6) creating, developing, designing, issuing, operating and/or underwriting a pathway investment or a default option160.
3. (4) (in relation to PROD 1.7 and PROD 7) any of:148
   1. (a) creating;148
   2. (b) developing;148
   3. (c) designing; and/or148
   4. (d) entering as provider into a funeral plan contract and/or carrying out a funeral plan contract as provider,148
   a funeral plan product.148
4. (5) (in PRIN)158
   1. (a) creating, developing, designing, issuing, managing, operating, carrying out, or (for insurance or credit purposes only) underwriting a product; or158
   2. (b) in relation to a closed product or an existing product:158
      1. (i) having created, developed, designed or issued the product; or158
      2. (ii) currently managing, operating, carrying out, or (for insurance or credit purposes only) underwriting the product.158