CRD Credit Institution definition
CRD Credit Institution is a credit institution that has been approved to accept customer deposits and which is registered as legitimately providing the services of credit institutions according to the Capital Requirements Directive 2013/36/EU;
CRD Credit Institution has the meaning given to it under the FCA Rules;
CRD Credit Institution means as defined in the FCA Handbook of rules and guidance. Such definition is available from us on request or can be found on the FCA’s website (▇▇▇.▇▇▇.▇▇▇.▇▇); broadly this means a institution providing credit and deposits.
Examples of CRD Credit Institution in a sentence
Unless otherwise specifically stated in these Terms or as provided under Applicable Law, your money will be held as Client Money in accordance with the FCA Rules which, among other things, require us to hold your money in a client bank account which is free of lien and set up with statutory trust status, at an Approved Bank or CRD Credit Institution.
No educator may charge a student a fee for any service rendered the student on the school premises during the duty day.
More Definitions of CRD Credit Institution
CRD Credit Institution means a credit institution that has its registered office (or, if it has no registered office, its head office) in an EEA State, excluding an institution to which the Capital Requirements Directives (“CRD”) does not apply under article 2 of the CRD;