Group Financial Support Disclosure
Application provision
1.1 Unless otherwise stated, this Part applies to a BRRD undertaking which is a CRR firm, a financial holding company, a mixed financial holding company or a mixed activity holding company.
8.1
19/01/2015
A BRRD undertaking must, in accordance with the general principles set out in Articles 431 - 434 of the CRR, disclose:
- (1) whether or not it has entered into a group financial support agreement;
- (2) a description of the general terms of any such agreement; and
- (3) the names of the group members that are party to the agreement.
8.2
19/01/2015
A BRRD undertaking must update the information disclosed at least annually.