prudential consolidation definition

prudential consolidation means the application of the prudential rules set out in the CRD as transposed in the Act, any Regulations and Rules issued thereunder and in any binding legal instruments issued under the CRD, and the CRR on a consolidated or sub-consolidated basis, in accordance with Part 1, Title 2, Chapter 2 of the CRR;
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prudential consolidation means the application of prudential requirements set out in the Credit Institutions Act and Regulation (EU) No 575/2013 on a consolidated or sub-consolidated basis, in accordance with Part 1, Title 2, Chapter 2 of Regulation (EU) No 575/2013.".
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prudential consolidation means the application of prudential requirements set out in the Credit Institutions Act and Regulation (EU) No 575/2013 on a consolidated or sub- consolidated basis, in accordance with Part 1, Title 2, Chapter 2 of Regulation (EU) No 575/2013. Prudential consolidation includes all subsidiaries that are institutions or financial institutions as defined in points (3) and (26) of Article 4(1) of Regulation (EU) No 575/2013 and may include also ancillary services undertakings referred to in point
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More Definitions of prudential consolidation

prudential consolidation means the application of the prudential supervision rules provided for in the Law and in Regulation (EU) No. 575/2013 on a consolidated or sub-consolidated basis, according to Part 1 Title II Chapter 2 of Regulation (EU) No. 575/2013. The prudential consolidation includes all subsidiaries that are institutions or financial institutions, as defined in article 4 paragraph 1 points 3 and 26 of Regulation (EU) No. 575/2013 respectively, and may also include ancillary services undertakings, as defined in article 4 paragraph 1 point 18 of the same Regulation, established in and outside the EU;
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Related to prudential consolidation

  • Non-Consolidation Opinion means that certain substantive non-consolidation opinion delivered to Lender by L▇▇▇▇ Lord LLP in connection with the closing of the Loan.

  • Closing Date Financial Statements has the meaning set forth in Section 2.3(a)(i).

  • Annual Statement of Compliance As defined in Section 3.13.

  • Certificate of a Firm of Independent Public Accountants means a certificate signed by an independent public accountant or a firm of independent public accountants who may be the independent public accountants regularly retained by the Company or who may be other independent public accountants. Such accountant or firm shall be entitled to rely upon an Opinion of Counsel as to the interpretation of any legal matters relating to such certificate.

  • CMSA Operating Statement Analysis Report means a report substantially in the form of, and containing the information called for in, the downloadable form of the "Operating Statement Analysis Report" available as of the Closing Date on the CMSA Website or in such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage-backed securities transactions generally.