Scope of application

These guidelines apply in relation to

• i. groups headed by an EU parent institution, an EU parent financial holding company or an EU parent mixed financial holding company; and
• ii. institutions that are not subsidiaries of an EU parent institution, an EU parent financial holding company or an EU parent mixed financial holding company

that observe a leverage ratio exposure measure exceeding EUR 200 billion on a consolidated or individual basis, respectively (and including insurance subsidiaries), using an adequate exchange rate that takes into account the reference exchange rate published by the European Central Bank applicable at the financial year end and international standards (‘relevant entities’).