Glossary

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Term Definition Legal instruments

parent institution in a Member State

31/03/2015

THIS DEFINITION ONLY APPLIES TO THE INTERNAL CAPITAL ADEQUACY ASSESSMENT PART

means (in accordance with point (24) of Article 3(1) of the CRD) an institution authorised in an EEA State which has an institution or financial institution as subsidiary or which holds a participation in such an institution or financial institution, and which is not itself a subsidiary of another institution authorised in the same EEA State or of a financial holding company or mixed financial holding company set up in the same EEA State.