35. For the purposes of Article 4a(3), point (a) and (b)(i) of Directive 2013/36/EU: a) ‘ …

For the purposes of Article 4a(3), point (a) and (b)(i) of Directive 2013/36/EU:

• a) ‘ institutions supervised by their competent authorities’ should be understood as including institutions subject to the prudential supervision of competent authorities under Directive 2013/36/EU, including the European Central Bank with regard to matters relating to the tasks conferred on it by Regulation (EU) No 1024/2013;
• b) ‘affiliates’ should be understood as including those corporate entities, other than the supervised institutions’ parent undertakings or subsidiaries, which fall at least under any of the following categories:
• i. entities which are included in the consolidated financial statements drawn up by the supervised institution;
• ii. entities which fall within the same institutional protection scheme as referred to in Article 113(7) of Regulation (EU) 575/2013, as the supervised institution; or
• iii. entities which are permanently affiliated to the same central body as referred to in Article 10 of Regulation (EU) 575/2013 as the supervised institution.

1. Overview

1.1 References

• Article 113 7.
• Article 10 Waiver for credit institutions permanently affiliated to a central body

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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