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



A BRRD undertaking must, in accordance with the general principles set out in Articles 431 - 434 of the CRR, disclose:
  1. (1) whether or not it has entered into a group financial support agreement;
  2. (2) a description of the general terms of any such agreement; and 
  3. (3) the names of the group members that are party to the agreement. 



A BRRD undertaking must update the information disclosed at least annually.

Additional Notes

[Note: Art. 26(1) of the BRRD