clarification of the definitions in Article 3 in order to ensure uniform application of this Directive;

clarification of the definitions in Article 3 to take account of developments on financial markets;

adjustment of the amounts of initial capital prescribed in Articles 5 to 9 and the amount referred to in Article 18(2) to take account of developments in the economic and monetary field;

adjustment of the categories of investment firms in Article 20(2) and (3) to take account of developments on financial markets;

clarification of the requirement laid down in Article 21 to ensure uniform application of this Directive;

alignment of terminology on and the framing of definitions in accordance with subsequent acts on institutions and related matters;

adjustment of the technical provisions in Annexes I to VII as a result of developments on financial markets, risk measurement, accounting standards or requirements which take account of Community legislation or which have regard to convergence of supervisory practices; or

technical adaptations to take account of the outcome of the review referred to in Article 65(3) of Directive 2004/39/EC.