EEA credit institution definition

EEA credit institution means a credit institution (as defined by Article
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EEA credit institution means a credit institution, as defined by Article 4.1.27 of the markets in financial instruments directive, authorised in another EEA State pursuant to Title III of the capital requirements directive;
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EEA credit institution means a credit institution (as defined by Article 4.1.27 of the markets in financial instruments directive) authorised in another EEA State under the capital requirements directive;
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Examples of EEA credit institution in a sentence

  • In order to satisfy the Liquidity Test, the issuing credit institution may enter into a liquidity facility with another EEA credit institution that, in accordance with article 120 of the CRR, falls within credit quality category 1 and that is not part of the consolidation circle of the group to which the issuing credit institution belongs.

  • In addition, powers may be used in certain circumstances in respect of UK established banking group companies, where such companies are in the same group as a relevant UK or third country institution or in the same group as an EEA credit institution or investment firm.

  • Where the applicant is considering safeguarding the funds of payment service users through depositing funds in a separate account in an EEA credit institution, evidence must be submitted of that account being properly safeguarded in the form of a letter/statement of the credit institution.

  • The impact of this will be that EEA insolvency measures would be treated the same as third country insolvency measures under UK law, meaning that there will be no prohibition against UK courts making winding-up or administration orders against a failed EEA credit institution or insurance undertaking.

  • Before making a recognition order declaring A to be a recognised investment exchange under section 290, the FCA must consult the competent authority responsible for the supervision of the EEA credit institution or EEA insurance undertaking.

  • A is a subsidiary undertaking of a parent undertaking of the EEA credit institution or EEA insurance undertaking.

  • If the foreign bank is an EEA credit institution, the Winding Up Regulations will apply (as discussed below) and the foreign bank is not liable to be wound up or subject to resolution action in England.

  • Previous studies from Middle Eastern countries such as Kuwait (Makar et al., 2003), Saudi Arabia (Al- Diab et al., 2003), Jordan (Vasef et al., 2004), the UAE (Al-Salam et al., 2008), Egypt (Audouin et al., 2010), and Syria (Al Moustafa et al., 2016) have investigated EBV and its association with certain diseases such as Hodgkin's lymphoma (ranging from 28% to 87%), but not among other cancer patients and healthy individuals.

  • To the extent permitted by national legislation and provided that the funds are being transferred to or from an account held in the customer’s name at an EEA credit institution, examples of SDD measures firms may apply include using the source of funds or the destination of funds to meet some of the CDD requirements.

  • An EEA credit institution wishing to provide payment services through a UK branch must exercise its passport rights under paragraph 4 of the Annex to the CRD.


More Definitions of EEA credit institution

EEA credit institution means an EEA firm within the meaning of Paragraph 1(1)(a) of Schedule 12 to the Act;
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EEA credit institution means an EEA undertaking, other than a Gibraltar credit institution, of the kind mentioned in Article 1(1) and (3) and subject to the conditions in Article 2(3) of the banking consolidation directive;
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EEA credit institution means an EEA undertaking, other than a "UK credit institution", of the kind mentioned in Article 1(1) and (3) of the Credit Institutions Directive subject to the conditions of Article 2(3) of the directive of the European Parliament and the Council of 20 March 2000 relating to the taking up and pursuit of credit institutions (2000/12/EC) (as amended).
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EEA credit institution means an EEA undertaking, other than a UK credit institution, of the kind mentioned in Article 4(1)(1) and 4(1)(17) of the capital requirements regulation and subject to the exclusion of the undertakings referred to in Article 2(5)(2) to (23) of the capital requirements directive;";
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EEA credit institution means an EEA undertaking, other than a UK credit institution, of the kind mentioned in [F13Article 4(1) and (3) and subject to the exclusion of the undertakings referred to in Article 2] of the banking consolidation directive;
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EEA credit institution means a credit institution, authorised under Directive2006/48/EC of the European Parliament and of the Council dated 14th June 2006 relating to the taking up and pursuit of the business of credit institutions, which has its relevant office in an EEA state other than the United Kingdom;
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Related to EEA credit institution

  • credit institution means a credit institution as defined in point (1) of Article 4(1) of Regulation (EU) No 575/2013;

  • EEA Financial Institution means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.

  • banking institution means a bank, bank and trust company, trust company, savings bank, private bank, or a national banking association, organized and doing business under the provisions of any law of this state, or of any other state of the United States, or under the provisions of any law of the United States of America.

  • payment institution means a legal person that has been granted authorisation in accordance with Article 10 to provide and execute payment services throughout the Union;

  • Host Institution means the body or institution or administering organisation named in the Letter of Award as the “Host Institution” as the body responsible for undertaking and managing the Research;

  • Relevant Institution means a person that has permission under Part 4A of the Financial Services and Markets Act 2000 (permission to carry on regulated activity).

  • competent institution means the institution from which the person concerned is entitled to receive benefit or would be entitled to receive benefit if he were resident in the territory of the Party where that institution is situated;

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Eligible lending institution means a financial

  • Credit insurance means insurance offered in connection with an extension of credit that is limited to partially or wholly extinguishing that credit obligation.

  • regulated financial institution means a state or nationally chartered bank, savings and loan association or savings bank, credit union, trust company, or other state or federally chartered lending institution or a regulated affiliate or regulated subsidiary of any of these entities.

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • Lending institution Any insurance company, federally insured commercial or savings bank, national banking association, savings and loan association, credit union, employees’ welfare, pension or retirement fund or system, corporate profit sharing or pension trust, college or university, endowment fund, real estate investment trust, or other institutional lender or financial enterprise, including, without limitation, any corporation qualified to be treated for federal tax purposes as a real estate investment trust, having a net worth of at least $50,000,000 acting on its own behalf or as agent on behalf of other Lending Institutions.

  • parent institution in a Member State means an institution in a Member State 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.

  • Sending institution means the institution of higher education of most recent previous enrollment by a transfer student at which transferable academic credit was earned.

  • Participating Financial Institution means a financial institution participating in Interac e-Transfer Services, Online Payment Services, or Western Union Services, as the case may be.

  • Reporting Financial Institution means any Member State Financial Institution or San Marino Financial Institution, as the context requires, that is not a Non-Reporting Financial Institution.