parent financial sector operator

Definitions over time (1)

07/03/2024 – today applies on 12/11/2026 Article 1, Commission Delegated Regulation (EU) 2024/595 Scope: Whole act

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

‘parent financial sector operator’ means a financial sector operator in a Member State that has another financial sector operator as a subsidiary or that holds a participation in such a financial sector operator and which is not itself a subsidiary of another financial sector operator authorised in the same Member State;