relevant legal entity
Defined in Article 1, Commission Implementing Regulation (EU) 2025/2303
Definitions over time (1)
-
30/12/2025 – today applies on 12/11/2026 Article 1, Commission Implementing Regulation (EU) 2025/2303 Scope: Whole act
For the purposes of this Regulation, ‘relevant legal entity’ means a group entity as defined in Article 2(1), point (31), of Directive 2014/59/EU, other than a resolution entity, which is established in the Union and meets any of the following conditions: it provides critical functions; its individual total risk exposure amount calculated in accordance with Article 92(3) of Regulation (EU) No 575/2013 of the European Parliament and of the Council (^{5}) equals or exceeds 2 % of the consolidated total risk exposure amount of the Union parent undertaking; its individual total exposure measure referred to in Article 429(4) of Regulation (EU) No 575/2013 equals or exceeds 2 % of the consolidated total exposure measure of the Union parent undertaking; its individual operating income equals or exceeds 2 % of the group’s consolidated total operating income calculated at the level of the Union parent undertaking; its individual total assets exceed EUR 5 billion; it is important for the financial stability in at least one Member State. For the purposes of point (b) of the first paragraph, for a group comprising more than one resolution entity, an entity shall be regarded as a relevant legal entity where its individual total risk exposure amount equals or exceeds 2 % of the total risk exposure amount of the resolution entity at the resolution group consolidated level. For the purposes of point (c) of the first paragraph, for a group comprising more than one resolution entity, an entity shall be regarded as relevant legal entity where its individual total exposure measure equals or exceeds 2 % of the total exposure measure of the resolution entity at the resolution group consolidated level.
Used in (12 places in 5 provisions on 12/11/2026)
Commission Implementing Regulation (EU) 2025/2303 (12 in 5)
Recital 3 · Article 13 · Article 35 · Article 42 · Annex I