group of connected clients

Defined in Article 4, Capital Requirements Regulation (CRR)

Definitions over time (2)

1. 25/12/2019 – today applies on 11/11/2026 Article 4, Capital Requirements Regulation (CRR) Scope: Whole act

   For the purposes of this Regulation, the following definitions shall apply:

   ‘group of connected clients’ means any of the following: two or more natural or legal persons who, unless it is shown otherwise, constitute a single risk because one of them, directly or indirectly, has control over the other or others; two or more natural or legal persons between whom there is no relationship of control as described in point (a) but who are to be regarded as constituting a single risk because they are so interconnected that, if one of them were to experience financial problems, in particular funding or repayment difficulties, the other or all of the others would also be likely to encounter funding or repayment difficulties.

2. 28/06/2013 – 19/07/2016 Article 4, Capital Requirements Regulation (CRR) Scope: Whole act

   For the purposes of this Regulation, the following definitions shall apply:

   ‘group of connected clients’ means any of the following: two or more natural or legal persons who, unless it is shown otherwise, constitute a single risk because one of them, directly or indirectly, has control over the other or others; two or more natural or legal persons between whom there is no relationship of control as described in point (a) but who are to be regarded as constituting a single risk because they are so interconnected that, if one of them were to experience financial problems, in particular funding or repayment difficulties, the other or all of the others would also be likely to encounter funding or repayment difficulties.

Used in (28 places in 15 provisions on 11/11/2026)

Capital Requirements Regulation (CRR) (28 in 15)

Recital 53 · Recital 54 · Article 4⁴ · Article 123 · Article 147 · Article 172 · Article 243² · Article 390³ · Article 392 · Article 394² · Article 395⁶ · Article 397 · Article 400 · Article 428 · Article 501²