inspected legal entity
Defined in Article 1, Decision (EU) 2023/672 of the ECB
Definitions over time (1)
-
12/04/2023 – today applies on 12/11/2026 Article 1, Decision (EU) 2023/672 of the ECB Scope: Whole act
For the purposes of this Decision, the following definitions shall apply:
‘inspected legal entity’ means any of the following: a significant institution; a less significant institution in respect of which the ECB has adopted a decision pursuant to point (b) of Article 6(5) of Regulation (EU) No 1024/2013 to the effect that the ECB will exercise directly all relevant powers referred to in Article 6(4) of that Regulation; any other legal entity as referred to in Article 10(1) of Regulation (EU) No 1024/2013 and any other undertaking included in supervision on a consolidated basis where the ECB is the consolidating supervisor in accordance with point (g) of Article 4(1) of Regulation (EU) No 1024/2013;