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Preamble
Recitals 11
Part I - GENERAL PROVISIONS (Article 1-2) 2
Part II - ORGANISATION OF THE SSM (Article 3-18) 16
Part III - GENERAL PROVISIONS APPLYING TO THE OPERATION OF THE SSM (Article 19-38) 20
Part IV - DETERMINING THE STATUS OF A SUPERVISED ENTITY AS SIGNIFICANT OR LESS SIGNIFICANT (Article 39-72) 34
- Title 1 - GENERAL PROVISIONS RELATING TO THE CLASSIFICATION AS SIGNIFICANT OR LESS SIGNIFICANT (Article 39-42) 4
- Title 2 - PROCEDURE FOR CLASSIFYING SUPERVISED ENTITIES AS SIGNIFICANT SUPERVISED ENTITIES (Article 43-49) 7
- Title 3 - DETERMINING SIGNIFICANCE ON THE BASIS OF SIZE (Article 50-55) 6
- Title 4 - DETERMINING SIGNIFICANCE ON THE BASIS OF IMPORTANCE FOR THE ECONOMY OF THE UNION OR ANY PARTICIPATING MEMBER STATE (Article 56-58) 3
- Title 5 - DETERMINING SIGNIFICANCE ON THE BASIS OF THE SIGNIFICANCE OF CROSS-BORDER ACTIVITIES (Article 59-60) 2
- Title 6 - DETERMINING SIGNIFICANCE ON THE BASIS OF A REQUEST FOR OR THE RECEIPT OF PUBLIC FINANCIAL ASSISTANCE FROM THE ESM (Article 61-64) 4
- Title 7 - DETERMINING SIGNIFICANCE ON THE BASIS THAT THE SUPERVISED ENTITY IS ONE OF THE THREE MOST SIGNIFICANT CREDIT INSTITUTIONS IN A PARTICIPATING MEMBER STATE (Article 65-66) 2
- Title 8 - ECB DECISION TO DIRECTLY SUPERVISE LESS SIGNIFICANT SUPERVISED ENTITIES PURSUANT TO ARTICLE 6(5)(B) OF THE SSM REGULATION (Article 67-69) 3
- Title 9 - PARTICULAR CIRCUMSTANCES THAT MAY JUSTIFY THE CLASSIFICATION OF A SUPERVISED ENTITY AS LESS SIGNIFICANT ALTHOUGH THE CRITERIA FOR CLASSIFICATION AS SIGNIFICANT ARE FULFILLED (Article 70-72) 3
Part V - COMMON PROCEDURES (Article 73-88) 16
Part VI - PROCEDURES FOR THE SUPERVISION OF SIGNIFICANT SUPERVISED ENTITIES (Article 89-95) 7
Part VII - PROCEDURES FOR THE SUPERVISION OF LESS SIGNIFICANT SUPERVISED ENTITIES (Article 96-100) 5
Part VIII - COOPERATION BETWEEN THE ECB, NCAs AND NDAs WITH REGARD TO MACRO-PRUDENTIAL TASKS AND TOOLS (Article 101-105) 5
Part IX - PROCEDURES FOR CLOSE COOPERATION (Article 106-119) 14
Part X - ADMINISTRATIVE PENALTIES (Article 120-137) 18
Part XI - ACCESS TO INFORMATION, REPORTING, INVESTIGATIONS AND ON-SITE INSPECTIONS (Article 138-146) 9
Part XII - TRANSITIONAL AND FINAL PROVISIONS (Article 147-153) 7

Article 55 - Method for calculating total assets

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Article 55

Method for calculating total assets

For the purpose of determining the significance of a credit institution on the basis of the size criterion, the ‘total value of assets’ shall be derived from the line ‘total assets’ on a balance sheet prepared in accordance with Union law for prudential purposes.

Official text · the act as published Open full page ↗