subsidiary

Defined in Article 3, Single Resolution Mechanism (SRMR)

Definitions over time (2)

1. 12/08/2022 – today applies on 10/11/2026 Article 3, Single Resolution Mechanism (SRMR) Scope: Whole act

   For the purposes of this Regulation the following definitions apply:

   ‘subsidiary’ means a subsidiary as defined in point (16) of Article 4(1) of Regulation (EU) No 575/2013, and for the purpose of applying Article 8, Article 10(10), Articles 12 to 12k, 21 and 53 of this Regulation to resolution groups referred to in point (b) of point (24b) of this paragraph, include, where and as appropriate, credit institutions that are permanently affiliated to a central body, the central body itself, and their respective subsidiaries, taking into account the way in which such resolution groups comply with Article 12f(3) of this Regulation;

2. 28/12/2020 – 12/08/2022 Article 3, Single Resolution Mechanism (SRMR) Scope: Whole act

   For the purposes of this Regulation the following definitions apply:

   ‘subsidiary’means a subsidiary as defined in point (16) of Article 4(1) of Regulation (EU) No 575/2013, and for the purpose of applying Article 8, Article 10(10), Articles 12 to 12k, 21 and 53 of this Regulation to resolution groups referred to in point (b) of point (24b) of this paragraph, include, where and as appropriate, credit institutions that are permanently affiliated to a central body, the central body itself, and their respective subsidiaries, taking into account the way in which such resolution groups comply with Article 12f(3) of this Regulation;

Used in (77 places in 22 provisions on 10/11/2026)

Single Resolution Mechanism (SRMR) (77 in 22)

Recital 9 · Recital 27 · Recital 38 · Recital 44 · Recital 84 · Recital 92 · Article 3¹⁰ · Article 8³ · Article 10 · Article 11 · Article 12c³ · Article 12d⁵ · Article 12e³ · Article 12f · Article 12g²⁸ · Article 12h⁶ · Article 16² · Article 21² · Article 32 · Article 33 · Article 53² · Article 76²