For the purposes of this Guideline, the definitions set out in Regulation (EU) No 575/2013, Directive 2013/36/EU of the European Parliament and of the Council 6, Regulation (EU) No 1024/2013 and Regulation (EU) No 468/2014 (ECB/2014/17) shall apply together with the following definitions:
‘review team’ means a team composed of representatives of the ECB and of the NCA that is the direct supervisor of the relevant IPS members. This team is set up for the purpose of coordinating the review carried out under Article 113(7) of Regulation (EU) No 575/2013;
‘review team coordinator’ means an ECB staff member and an NCA staff member appointed in accordance with Article 6 and performing the tasks set out in Article 8;
‘applicant’ means an IPS member or a group of IPS members represented by a single entity that submits to the ECB or the relevant NCA an application seeking permission or a waiver pursuant to the provisions referred to in Article 1(1);
‘hybrid IPS’ means an IPS composed of significant and less significant credit institutions;
‘SSM competent authorities’ means the ECB and the NCAs of the participating Member States.