1

Application and Definitions

1.1

This Part applies to a CRR firm controlled by a parent financial holding company in a Member State or a parent mixed financial holding company in a Member State that would be under an obligation to comply with CRR requirements on a consolidated basis if Article 11(2) CRR was in force as it had effect in the UK on 27 December 2020.

1.2

In this Part, the following definitions shall apply:

parent financial holding company in a Member State

  1. has the meaning set out at point (30) of Article 4(1) CRR.

parent mixed financial holding company in a Member State

  1. has the meaning set out at point (31) of Article 4(1) CRR.