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New version applies from 09/09/2016 — introduced by Commission Delegated Regulation (EU) 2016/1608. 8 provisions change. Later versions: 30/03/2021, 01/12/2021. Article 2 changes in this version: compare with the current text.

Article 2 - Definitions

Article 2
Definitions

For the purpose of this Regulation, the following definitions apply:

((1))

‘Relevant entity’ means an EU parent institution or EU parent financial holding company or EU parent mixed financial holding company or an institution that is not a subsidiary of an EU parent institution or EU parent financial holding company or EU parent mixed financial holding company;

((2))

‘Indicator value’ means for each indicator set out in Article 6 and for each relevant entity of the sample the individual value of the indicator and for each bank authorised in a third country a comparable individual value publicly disclosed in accordance with internationally agreed standards;

((3))

‘Denominator’ means for each indicator the total aggregate value of the indicator values of the relevant entities and banks authorised in third countries of the sample;

((4))

‘Cut-off score’ means a score value determining the lowest boundary and the boundaries between the five subcategories as defined in Article 131(9) of Directive 2013/36/EU.

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