EU Banking Reforms definition

EU Banking Reforms means the CRD V Directive, BRRD II, CRR II and the SRM Regulation II.
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EU Banking Reforms means the CRD V Directive (as defined in the accompanying prospectus), BRRD II, CRR II and the SRM Regulation II.
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EU Banking Reforms means the European Commission’s proposals to amend and supplement certain provisions of the CRD IV Directive, the CRR, the SRM Regulation and the BRRD, together with the Council of the EU’s General Approach, the European Parliament’s reports, the Political Agreement and its endorsements by the COREPER and by the European Parliament’s Committee on Economic and Monetary Affairs;
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Examples of EU Banking Reforms in a sentence

  • This is especially due to the implementation and entry into force of the changes to BRRD and SRM Regulation forming part of the EU Banking Reforms.

  • The DCG Advanced Education Committee Chair will serve as the non-voting chair of the Hearing Subcommittee.

  • The MREL Framework is subject to ongoing change, and is expected to become more stringent, including as a result of the EU Banking Reforms, which contemplate certain changes to align the MREL framework under the BRRD and the SRM Regulation with the Financial Stability Board's ("FSB") standards on total loss-absorbing capacity of global systemically important banks in resolution of 9 November 2015 (the TLAC standards).

  • The Intervention Act, BRRD, SRM and the EU Banking Reforms may lead to lower credit ratings and may increase the Issuer's cost of funding and thereby have an adverse impact on the Issuer's funding ability, financial position and results of operations.

  • In Johannine theology, it is associated with realised eschatology which holds that future judgement is already being realised—carried out—in the present.The Fourth Gospel is the Gospel of John or simply John.

  • The Issuer must comply with a Liquidity Coverage Ratio (LCR) and the EU Banking Reforms introduced a binding Net Stable Funding Ratio (NSFR) and leverage ratio.

  • The Dutch Intervention Act, BRRD, SRM and the EU Banking Reforms may increase the Issuer's cost of funding and thereby have an adverse impact on the Issuer's funding ability, financial position and results of operations.

  • International discussions are ongoing with respect to a possible leverage ratio surcharge (compared to the 3% introduced in the EU Banking Reforms) for global systemically important institutions ("G-SIIs").

  • This is especially due to the implementation and entry into force of the changes to the CRD IV Directive (‘CRD V’) and CRR (‘CRR II’) included in the EU banking package adopted in May 2019 (the 'EU Banking Reforms') and the finalised Basel III reforms as published on 7 December 2017 (the 'Basel III Reforms') (informally referred to as Basel IV).

  • For example, the EU Banking Reforms have recently made changes to the existing MREL framework and furthermore introduced changes to the CRD IV, CRR, BRRD and the SRM Regulation.


More Definitions of EU Banking Reforms

EU Banking Reforms means the CRD V Directive, BRRD II, CRR II and the SRM Regulation II. “EUR”, “euro” or “€” means the currency of the member states of the European Union (“EU”) that, from time to time, have adopted the single currency in accordance with the treaty establishing the European Community, as amended from time to time.
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EU Banking Reforms means the package of reforms to the Capital Requirements Directive (Directive 2013/36/EU), the Capital Requirements Regulation (Regulation 575/2013), the BRRD and the SRM Regulation adopted in May 2019; and
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EU Banking Reforms means the package of reforms to the Capital Requirements Regulation (Regulation 575/2013), Capital Requirements Directive (Directive 2013/36/EU), the BRRD and the SRM Regulation announced by the European Commission on 23 November 2016; and
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EU Banking Reforms means the CRD V Directive, BRRD II, CRR II and the SRM Regulation II. "GCC Group" means the Issuer, each Member and each of their respective Subsidiaries.
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EU Banking Reforms means the CRD V Directive, BRRD II, CRR II and the SRM Regulation II; "Existing Shareholders" has the meaning given in the definition of "Newco Scheme"; "Extraordinary Resolution" has the meaning given to such term in Condition 13;
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Related to EU Banking Reforms

  • Applicable Banking Regulations means at any time the laws, regulations, requirements, guidelines and policies relating to capital adequacy, resolution and/or solvency including, among others, those giving effect to the MREL and the TLAC or any equivalent or successor principles, then applicable to Banco Santander and/or the Group including, without limitation to the generality of the foregoing, the CRD IV, the BRRD, the SRM Regulation and those regulations, requirements, guidelines and policies relating to capital adequacy, resolution and/or solvency of the Regulator and/or the Relevant Resolution Authority then applicable to Banco Santander and/or the Group including, among others, those giving effect to the MREL and the TLAC or any equivalent or successor principles, in each case to the extent then in effect in the Kingdom of Spain (whether or not such regulations, requirements, guidelines or policies have the force of law and whether or not they are applied generally or specifically to Banco Santander and/or the Group).

  • 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.

  • Local Banking Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in the place of presentation of the relevant Covered Bond or, as the case may be, Coupon; and

  • London Banking Day means any day on which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market.

  • Municipal Finance Management Act means the Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003);

  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);

  • Online Banking is the internet-based service providing access to your Bank account(s);

  • 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.