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Term Definition Legal instruments

consolidating supervisor

31/12/2020

THIS DEFINITION ONLY APPLIES TO THE RESOLUTION PACK PART

The changes to this defined term are effective from 23:00 on 31/12/2020.

means a competent authority responsible for the exercise of supervision on a consolidated basis of:

(1) a UK parent institution; or

(2) institutions controlled by a UK parent financial holding company or a UK parent mixed financial holding company.