Title I - Subject matter, scope and definitions

Subject matter

These guidelines specify the conditions set out in points (b), (d), (f), (g) and (h) of Article 23(1) of Directive 2014/59/EU.

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.