+13. Unless otherwise specified, terms used and defined in Directive 2013/36/EU and Regulation (EU) …
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13. Unless otherwise specified, terms used and defined in Directive 2013/36/EU and Regulation (EU) …
Unless otherwise specified, terms used and defined in Directive 2013/36/EU and Regulation (EU) No 575/2013 have the same meaning in the guidelines. In addition, for the purposes of these guidelines, the following definitions apply: | Risk appetite | means the aggregate level and types of risk an institution is willing to assume within its risk capacity, in line with its business model, to achieve its strategic objectives. | | Risk capacity | means the maximum level of risk an institution is able to assume given its capital base, its risk management and control capabilities, and its regulatory constraints. | | Risk culture | means an institution ’s norms, attitudes and behaviours related to risk awareness, risk-taking and risk management, and the controls that shape decisions on risks. Risk culture influences the decisions of management and employees during the day-to-day activities and has an impact on the risks they assume. | | Staff | means all employees of an institution and its subsidiaries within its scope of consolidation, including subsidiaries not subject to Directive 2013/36/EU, and all members of the management body in its management function and in its supervisory function. | | Chief executive officer (CEO) | means the person who is responsible for managing and steering the overall business activities of an institution. | | Chief financial officer (CFO) | means the person who is overall responsible for managing all of the following activities: financial resources management, financial planning and financial reporting. | | Heads of internal control functions | means the persons at the highest hierarchical level in charge of effectively managing the day-to-day operation of the independent risk management, compliance and internal audit functions. | | Key function holders | means persons who have significant influence over the direction of the institution but who are neither members of the management body, nor the CEO. They include the heads of internal control functions and the CFO, where they are not members of the management body, and, where identified on a risk-based approach by institutions, other key function holders. Other key function holders might include heads of significant business lines, European Economic Area/European Free Trade Association branches, third country subsidiaries and other internal functions. means the application of the prudential rules set out in Directive 2013/36/EU and Regulation (EU) No 575/2013 on a consolidated | | Prudential consolidation | or sub-consolidated basis, in accordance with Part 1, Title 2, Chapter 2 of Regulation (EU) No 575/2013.11 | | Gender pay gap | means the difference between the average gross hourly earnings of men and women expressed as a percentage of the average gross hourly earnings of men. | | Consolidating institution | means an institution that is required to abide by the prudential requirements on the basis of the consolidated situation in accordance with Part 1, Title 2, Chapter 2 of Regulation (EU) No 575/2013. | | Significant institutions | means institutions referred to in Article 131 of Directive 2013/36/EU (global systemically important institutions (G-SIIs) and other systemically important institutions (O-SIIs)), and, as appropriate, other institutions determined by the competent authority or national law, based on an assessment of the institution s’ size and internal organisation, and the nature, scope and complexity of their activities. | | Listed institution | means institutions whose financial instruments are admitted to trading on a regulated market or on a multilateral trading facility as defined under Article 4(21) and Article 4(22) of Directive 2014/65/EU, in one or more Member States12 . | | Shareholder | means a person who owns shares in an institution or, depending on the legal form of an institution, other owners or members of the institution. | | Directorship | means a position as a member of the management body of an institution or another legal entity. |
11 See also RTS on prudential consolidation under: https://www.eba.europa.eu/sites/default/documents/files/document_library/Publications/Draft%20Technical%20Stan dards/2021/973355/Final%20Report%20Draft%20RTS%20methods%20of%20consolidation.pdf 12 Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (OJ L 173, 12.6.2014, p. 349).
1. Forbhreathnú
1.1 Tagairtí
1.2 Ceanglais aitheanta
1.3 Caighdeáin ghaolmhara
2. Ceanglais aitheanta
Ceanglais
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Ceanglas |
3. Caighdeáin ghaolmhara
Caighdeáin
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Ceanglas |
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