parent institution in a Member State definition

parent institution in a Member State means an institution which has a institution or a financial institution as a subsidiary or which holds a participation in such an institution, and which is not itself a subsidiary of another institution authorised in the same Member State, or of a financial holding company or mixed financial holding company set up in the same Member State.

parent institution in a Member State means a parent institution in a Member State as defined in point (28) of Article 4(1) of Regulation (EU) No 575/2013;

parent institution in a Member State means a parent credit institution in a Member State as defined in Article 4(14) of Directive 2006/48/EC, or a parent investment firm in a Member State as defined in Article 3(f) of Directive 2006/49/EC;

Examples of parent institution in a Member State in a sentence

• Member States shall ensure that a parent institution in a Member State, or a Union parent institution, or a company referred to in points (c) and (d) of Article 1and its subsidiaries that are institutions or financial institutions covered by the supervision of the parent undertaking, may enter into an agreement to provide financial support to any other party to the agreement that experiences financial difficulties, provided that the conditions laid down in this chapter are satisfied.

• Where a parent undertaking is a parent institution in a Member State or an EU parent institution, supervision on a consolidated basis shall be exercised by the competent authorities that authorised it.

• The terms ‘institution’ and ‘institution-specific’ shall be deemed to refer to an institution on a solo basis, or to the parent institution in a given perimeter of application of a particular stress testing exercise or to the parent institution in a Member State or to the EU parent institution on the basis of the relevant consolidated situation as referred to in Article 4(1)(47) of Regulation (EU) No 575/2013.

• Where a parent undertaking is a parent institution in a Member State or an EU parent institution, supervision on a consolidated basis shall be exercised by the competent authorities that granted authorisation.

• If a rate is reduced, that reduction takes effect immediately.… 5 APPLICATION ON AN INDIVIDUAL AND CONSOLIDATED BASIS… 5.2 A firm which is a UK parent institution in a Member State must comply with this Part on the basis of its consolidated situation.

More Definitions of parent institution in a Member State

parent institution in a Member State means an institution in a Member State which has an insti­ tution, a financial institution or an ancillary services undertaking as a subsidiary or which holds a participation in an institution, financial institution or ancillary services undertaking, and which is not itself a subsidiary of another insti­ tution authorised in the same Member State, or of a financial holding company or mixed financial holding company set up in the same Member State;’;

parent institution in a Member State means an institution in a Member State which has an institution, a financial institution or an ancillary services undertaking as a subsidiary or which holds a participation in an institution, financial institution or ancillary services undertaking, and which is not itself a subsidiary of another institution

parent institution in a Member State means parent institution in a Member State as defined in point (28) of Article 4(1) of the CRR;

parent institution in a Member State means a parent institution in a Member State as defined in point (28) of Article 4(1) of the Union Capital Require- ments Regulation;

parent institution in a Member State means parent institution in a member State as

parent institution in a Member State means parent institution in a member State as defined in Article 4.1(28) of the Capital Requirements Regulation;

parent institution in a Member State means parent institution in a member State as defined in Article 4.1(28) of the Capital Requirements Regulation;