SSM Regulation definition

SSM Regulation means Council Regulation (EU) No. 1024/2013 of 15 October 2013 conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of credit institutions, as amended, supplemented or replaced from time to time;

SSM Regulation means the Council Regulation (EU) No 1024/2013 of 15 October 2013 (Single Supervisory Mechanism Regulation), as amended or replaced from time to time, and any references to relevant provisions of the SSM Regulation in these Terms and Conditions include references to any applicable provisions of law amending or replacing such provisions from time to time.

SSM Regulation means Council Regulation (EU) No 1024/2013 of 15 October 2013 conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of credit institutions.

Examples of SSM Regulation in a sentence

• Capital Adequacy requirements The ECB is required under the Council Regulation (EU) No. 1024/2013 (the SSM Regulation establishing the Single Supervisory Mechanism (SSM)) to carry out a Supervisory Review and Evaluation Process (SREP) at least on an annual basis.

• For banks established in the eurozone, such as the Issuer, which are supervised within the framework of the Single Supervisory Mechanism (the "SSM"), Regulation (EU) No 806/2014 of the European Parliament and of the Council (the "SRM Regulation") provides for a coherent application of the resolution rules across the SSM under responsibility of the European Single Resolution Board, with effect since 1 January 2016 (referred to as the "Single Resolution Mechanism" or the "SRM").

• Council Regulation (EU) No 1024/20131 (hereinafter the 'SSM Regulation') confers on the ECB specific tasks concerning policies relating to the prudential supervision of credit institutions.

• This Memorandum of Understanding will cover the supervisory tasks conferred on the ECB by Article 4, read in conjunction with Article 6(4), of the SSM Regulation.

• Specifically, this section focuses on the moment of institutional creation by exam- ining the changes brought about by the SSM Regulation along the three dimen- sions that I introduced earlier: competence, powers, and governance.

More Definitions of SSM Regulation

SSM Regulation means the Council Regulation (EU) No 1024/2013 of 15 October 2013 conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of credit institutions (Single Supervisory Mechanism Regulation), as amended or replaced from time to time, and any references in these Terms and Conditions to relevant Articles of the SSM Regulation include references to any applicable provisions of law amending or replacing such Articles from time to time.

SSM Regulation means the Council Regulation (EU) No 1024/2013 of 15 October 2013 conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of credit institutions (Single Supervisory Mechanism Regulation), as amended or replaced from time to time, and any references in these Terms and Conditions to relevant Articles of the SSM Regulation include references to any applicable provisions of law amending or replacing such Articles from time to time.] [In the case of Senior Preferred Notes and Senior Non-Preferred Notes insert: (3) Early Redemption due to a MREL Disqualification Event. If an MREL Disqualification Event has occurred and is continuing and the Redemption Condition (as defined in § 5 [(5)|(6)]) is met, then the Issuer may, at the option of the Issuer, upon not more than 60 days' nor less than 30 days' prior notice of redemption given to the Fiscal Agent and, in accordance with § 12 to the Noteholders, redeem the Notes, in whole but not in part, at their Early Redemption Amount (as defined below), together with interest (if any) accrued to the date fixed for redemption. Such notice may not be given, however, [in case BAWAG P.S.K. is the Issuer of Senior Non-Preferred Notes insert: (A) if and so long as the Issuer determines that the MREL Disqualification Event would cease to exist upon a substitution of the Issuer with the BAWAG Parent (as defined below) as principal debtor in respect of all obligations arising from or in connection with the Notes by operation of § 10, and (B) in any event] later than 90 days following such MREL Disqualification Event. Any such notice shall be irrevocable and must specify the date fixed for redemption and must set forth a statement in summary form of the facts constituting the basis for the right of the Issuer so to redeem.

SSM Regulation means Council Regulation (EU) No. 1024/2013 of October 15, conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of credit institutions, as amended, replaced or supplemented from time to time.”

SSM Regulation means Council Regulation (EU) No 1024/2013 of 15 October 2013, as amended or replaced from time to time; to the extent that any provisions of the SSM Regulation are amended or replaced, the reference to provisions of the SSM Regulation as used in these terms and conditions shall refer to such amended provisions or successor provisions from time to time.

SSM Regulation means Council Regulation (EU) No 1024/2013 of 15 October 2013, as amended or replaced from time to time; to the extent that any provisions of the SSM Regulation are amended or replaced, the reference to provisions of the SSM Regulation as used in these terms and conditions shall refer to such amended provisions or successor provisions from time to time.Status

SSM Regulation means Council Regulation (EU) No. 1024/2013 of 15 October 20139 conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of cre- dit institutions”, and

SSM Regulation means Council Regulation (EU) No. 1024/2013 of 15 October 201315 conferring specific tasks on the European Central Bank concerning poli- cies relating to the prudential supervision of credit institutions;