Article 122a definition

Article 122a means Article 122a of the Capital Requirements Directive 2006/48/EC (as amended by Directive 2009/111/EC), as the same may be implemented by European Union Member States and amended and modified from time to time.
Article 122a means Article 122a of the European Union Directive 2006/48/EC (as amended from time to time and as implemented by the Member States of the European Union) together with any guidelines and technical standards published in relation thereto by the European Banking Authority (or any successor or replacement agency or authority), provided that any reference to Article 122a shall be deemed to include any successor or replacement provisions included in any European Union directive or regulation subsequent to the European Union Directives 2006/48/EC or 2006/49/EC and where required includes CRD4.
Article 122a. : means Article 122a of the Banking Consolidation Directive (Directive 2006/48/EC, as amended).

Examples of Article 122a in a sentence

  • Article 122a also requires an EU regulated credit institution to be able to demonstrate that it has a comprehensive and thorough understanding of the key terms and risks of the transaction and it has undertaken certain due diligence in respect of, amongst other things, its note position and the underlying exposures and that procedures are established for such activities to be conducted on an on-going basis.

  • Article 122a restricts an EU regulated credit institution from investing in asset-backed securities unless the originator, sponsor or original lender in respect of the relevant securitisation has explicitly disclosed to the EU regulated credit institution that it will retain, on an ongoing basis, a net economic interest of not less than 5% in respect of certain specified credit risk tranches or asset exposures as contemplated by Article 122a.

  • If the Joint Committee, in accordance with Article 12.2(a) (Functions of the Joint Committee), adopts a decision approving the terms for an accession and inviting an accession candidate to become a Party, the Joint Committee shall specify a period, which may be subject to extension by agreement of the Parties, during which the accession candidate may deposit an instrument of accession with the Depositary indicating that it accepts the terms for the accession.

  • In the absence of specific interpretation given by ESMA or by the Joint Committee of the European Supervisory Authorities, the provisions of this Section shall be interpreted in a consistent manner with the corresponding provisions of Directive 2006/48/EC and with the Guidelines to Article 122a of the Capital Requirements Directive of 31 December 201014 issued by the Committee of European Banking Supervisors and their subsequent amendments.

  • Investors who are uncertain as to the requirements that will need to be complied with in order to avoid the additional regulatory charges for non compliance with Article 122a should seek guidance from their regulator.


More Definitions of Article 122a

Article 122a is defined in Section 8.5(a).
Article 122a means Article 122a of Directive 2006/48/EC (as amended by Directive 2009/111/EC), if implemented under the applicable jurisdiction of a Funding Interest Agent, Funding Interest Holder, liquidity provider, program support provider, Agent or an Affiliate thereof.
Article 122a. Article 122a of European Union Directive 2006/48/EC (as amended by European Union Directive 2009/111/EC).
Article 122a means Article 122a of the European Union Directive 2006/48/EC (as amended from time to time and as implemented by the member states of the European Union) together with any guidelines and technical standards published in relation thereto by the EBA; provided that any reference to Article 122a shall be deemed to include any successor or replacement provisions included in any European Union directive or regulation subsequent to the European Union directives 2006/48/EC or 2006/49/EC and including, in particular, any successor or replacement provisions set out in the CRR.
Article 122a. Article 122a of the CRD.
Article 122a means Article 122a of the CRD.
Article 122a. The meaning specified in Section 7.19(c).