Glossary
Looking for the right term then try the glossary:
| Term | Definition | Legal instruments |
|---|---|---|
|
micro, small and medium-sized enterprises 31/12/2020 |
THIS DEFINITION ONLY APPLIES TO THE CONTRACTUAL RECOGNITION OF BAIL-IN PART
The changes to this defined term are effective from 23:00 on 31/12/2020. means micro, small and medium-sized enterprises as defined with regard to the annual turnover criterion referred to in Article 2(1) of the Annex to Commission Recommendation 2003/361/EC, taking into account all other provisions in the Annex to Commission Recommendation 2003/361/EC relevant to calculation of that criterion (including any relevant data from partner enterprises or linked enterprises in accordance with Article 3). |
Instruments |