financial holding company

Uses as of 30/11/2012

Definitions over time (3)

1. 01/01/2025 – today Article 4, Capital Requirements Regulation (CRR) Scope: Whole act

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

   ‘financial holding company’ means an undertaking that meets all of the following conditions: it is a financial institution; it is not a mixed financial holding company; it has at least one subsidiary that is an institution; more than 50 % of any of the following indicators are associated, on a steady basis, with subsidiaries that are institutions or financial institutions, and with activities carried out by the undertaking itself that are not related to the acquisition or owning of holdings in subsidiaries when those activities are of the same nature as the ones carried out by institutions or financial institutions: the undertaking’s equity based on its consolidated situation; the undertaking’s assets based on its consolidated situation; the undertaking’s revenues based on its consolidated situation; the undertaking’s personnel based on its consolidated situation; other indicators considered relevant by the competent authority.

2. 25/12/2019 – 01/01/2025 Article 4, Capital Requirements Regulation (CRR) Scope: Whole act

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

   ‘financial holding company’ means a financial institution, the subsidiaries of which are exclusively or mainly institutions or financial institutions, and which is not a mixed financial holding company; the subsidiaries of a financial institution are mainly institutions or financial institutions where at least one of them is an institution and where more than 50 % of the financial institution's equity, consolidated assets, revenues, personnel or other indicator considered relevant by the competent authority are associated with subsidiaries that are institutions or financial institutions;

3. 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:

   ‘financial holding company’ means a financial institution, the subsidiaries of which are exclusively or mainly institutions or financial institutions, at least one of such subsidiaries being an institution, and which is not a mixed financial holding company;

Used in (0 places in 0 provisions on 30/11/2012)

No text uses this concept on 30/11/2012.