36. The execution of group restructuring transactions or the transfer of activities as a credit …

The execution of group restructuring transactions or the transfer of activities as a credit institution from one entity to another may require carving certain activities out of the transaction and entrusting them to a newly established temporary entity, before those activities are merged into the acquiring credit institution.¹⁴

¹⁴ For example, the sale of a credit institution that is part of a group, while certain activities that require authorisation as a credit institution of the divested entity need to remain within the group. The activities which should remain can, for instance, be carved out into a new temporary legal entity and subsequently merged with another group entity that is authorised as a credit institution.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA -

  EN: Guidelines and other publications of the European Banking Authority (EBA), https://www.eba.europa.eu/. © European Banking Authority. Reproduction is authorised provided the source is acknowledged (EBA legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the versions published by the EBA are authoritative.

  DE: Leitlinien und weitere Veröffentlichungen der Europäischen Bankenaufsichtsbehörde (EBA), https://www.eba.europa.eu/. © European Banking Authority. Wiedergabe mit Quellenangabe gestattet (Rechtlicher Hinweis der EBA). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Maßgeblich sind allein die von der EBA veröffentlichten Fassungen.