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Term Definition Legal instruments

most important financial sector

01/01/2016

THIS DEFINITION ONLY APPLIES TO THE FINANCIAL CONGLOMERATES PART

means the financial sector with the largest average referred to in the box titled Threshold Test 2 in Annex 1; and so that the investment services sector and the banking sector are treated as one for the purpose of the definition of financial conglomerate and for the purposes of 1 to 5 of this Part.