+Article 59 Criteria for determining significance on the basis of the significance of cross-border activities of a supervised group
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Article 59 Criteria for determining significance on the basis of the significance of cross-border activities of a supervised group

1. Panoramica

,
Article 59 1

1.   A supervised group may be considered significant by the ECB on the basis of its cross-border activities only when the parent undertaking of a supervised group has established subsidiaries, which are themselves credit institutions, in more than one other participating Member State.
Article 59 2

2.   A supervised group may be considered significant by the ECB on the basis of its cross-border activities only if the total value of its assets exceeds EUR 5 billion and:

(a)

the ratio of its cross-border assets to its total assets is above 20 %; or

(b)

the ratio of its cross-border liabilities to its total liabilities is above 20 %.
Article 59 3

3.   Article 52(3) shall apply accordingly.

1.1 Riferimenti

1.2 Requisiti identificati

1.3 Standard correlati

2. Requisiti identificati

Requisiti

3. Standard correlati

Standard