Article 122a definition

Article 122a means Article 122a of the Capital Requirements Directive 2006/48/EC (as amended by Directive 2009/111/EC), as the same may be implemented by European Union Member States and amended and modified from time to time.

Article 122a means Article 122a of the European Union Directive 2006/48/EC (as amended from time to time and as implemented by the Member States of the European Union) together with any guidelines and technical standards published in relation thereto by the European Banking Authority (or any successor or replacement agency or authority), provided that any reference to Article 122a shall be deemed to include any successor or replacement provisions included in any European Union directive or regulation subsequent to the European Union Directives 2006/48/EC or 2006/49/EC and where required includes CRD4.

Article 122a. : means Article 122a of the Banking Consolidation Directive (Directive 2006/48/EC, as amended).

Examples of Article 122a in a sentence

• Article 122a also requires an EU regulated credit institution to be able to demonstrate that it has a comprehensive and thorough understanding of the key terms and risks of the transaction and it has undertaken certain due diligence in respect of, amongst other things, its note position and the underlying exposures and that procedures are established for such activities to be conducted on an on-going basis.

• Article 122a restricts an EU regulated credit institution from investing in asset-backed securities unless the originator, sponsor or original lender in respect of the relevant securitisation has explicitly disclosed to the EU regulated credit institution that it will retain, on an ongoing basis, a net economic interest of not less than 5% in respect of certain specified credit risk tranches or asset exposures as contemplated by Article 122a.

• If, in the light of notifications under Article 12(2)(a), an adequate quantity becomes available again, the Commission may decide to reopen the lodging of applications for export licences.

• For this purpose, account shall be taken of the first decimal place only.2. Where Member States decide to introduce different regions within the meaning of Article 122(a) of Regulation (EC) No 1782/2003, or to modify the existing regions within their territory, they shall inform the Commission of their decision before 1 January of the year concerned, giving a definition of the region and the ceiling set.

• Investors who are uncertain as to the requirements that will need to be complied with in order to avoid the additional regulatory charges for non compliance with Article 122a should seek guidance from their regulator.

More Definitions of Article 122a

Article 122a is defined in Section 8.5(a).

Article 122a means Article 122a of Directive 2006/48/EC (as amended by Directive 2009/111/EC) and any corresponding law or rule as in effect in any country in the European Economic Area and applicable to any Lender, Liquidity Bank or its holding company and as any may be amended or supplemented from time to time by rule, regulation or directive.

Article 122a. Article 122a of the Banking Consolidation Directive (Directive 2006/48/EC, as amended).

Article 122a means Article 122a of the CRD.

Article 122a. Article 122a of European Union Directive 2006/48/EC (as amended by European Union Directive 2009/111/EC).

Article 122a means Article 122a of the European Union Directive 2006/48/EC (as amended from time to time and as implemented by the member states of the European Union) together with any guidelines and technical standards published in relation thereto by the EBA; provided that any reference to Article 122a shall be deemed to include any successor or replacement provisions included in any European Union directive or regulation subsequent to the European Union directives 2006/48/EC or 2006/49/EC and including, in particular, any successor or replacement provisions set out in the CRR.

Article 122a. The meaning specified in Section 7.19(c).