CRD IV Directive definition
Examples of CRD IV Directive in a sentence
A reinstatement as described above shall not be effected in circumstances which (when aggregated together with distributions of the kind referred to in Article 141 (2) of CRD IV Directive or, as the case may be, any provision of Danish law transposing or implementing Article 141 (2) of the CRD IV Directive, or any successor thereto) would cause any Maximum Distributable Amount to be exceeded.
Credit institutions are those undertakings defined in Article 4(1) No 1 of Regulation (EU) No 575/20132 (hereinafter: the CRR), irrespective of whether they fall within the scope of Directive 2013/36/EU3 (hereinafter: the CRD IV Directive).
CRD IV means the CRD IV Directive, the CRR and any CRD IV Implementing Measures.
CRD IV means any or any combination of the CRD IV Directive, the CRR, and any CRD IV Implementing Measures.
According to the implementation of the CRD IV Directive in Denmark, the Pillar 2 add-on should not be taken into account when calculating the MDA.