+2. Definitions (a) ‘Providing entity’ means the group entity providing the financial support. (b) …

2. Definitions (a) ‘Providing entity’ means the group entity providing the financial support. (b) …

Definitions

  • (a) ‘Providing entity’ means the group entity providing the financial support.
  • (b) ‘Receiving entity’ means the group entity receiving the financial support.
  • (c) ‘Combined buffer requirement’ has the meaning defined in point (6) of Article 128 of Directive 2013/36/EU.
  • (d) ‘Subsidiary’ has the meaning defined in point (16) of Article 4(1) of Regulation (EU) No 575/2013.
  • (c) ‘Principal’ means (i) if financial support is provided in the form of a loan, the principal of the loan; (ii) if financial support is provided in the form of a guarantee or security, the liability arising for the receiving entity if the guarantee or the security is enforced.
  • (d) ‘Best interest’ should be understood in accordance with the description laid down in Article 19(7), letter (b), of Directive 2014/59/EU.

1. Overview

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1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards
  • EBA - Published by the European Banking Authority at https://www.eba.europa.eu/