less significant branch
Defined in Article 2, Regulation (EU) 2015/534 of the ECB
Definitions over time (1)
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09/10/2017 – today applies on 12/11/2026 Article 2, Regulation (EU) 2015/534 of the ECB Scope: Whole act
For the purposes of this Regulation, the definitions contained in Regulation (EU) No 468/2014 (ECB/2014/17) shall apply, unless otherwise provided, together with the following definitions:
‘less significant branch’ means a branch which does not have the status of a significant supervised entity which is not part of a supervised group and is established in a participating Member State by a credit institution established in a non-participating Member State.