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;
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 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
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;