passporting decision

Definitions over time (2)

26/09/2021 – today applies on 10/11/2026 Article 1, Decision (EU) 2019/1376 of the ECB Scope: Whole act

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

‘passporting decision’ means a decision of the ECB on the establishment of a branch by a significant supervised entity in a participating Member State or in another Member State based on national law transposing Article 35(3) of Directive 2013/36/EU, in conjunction with Article 17(1) of Regulation (EU) No 1024/2013 and Articles 11 and 17 of Regulation (EU) No 468/2014 (ECB/2014/17).
26/09/2021 – today applies on 10/11/2026 Article 1, Decision (EU) 2019/1376 of the ECB Scope: Whole act

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

For the purposes of this Decision, a passporting decision also includes a decision of the ECB, in accordance with national law transposing Article 34(1)(d) of Directive 2013/36/EU, which grants consent to the declaration of a parent undertaking or undertakings to jointly and severally guarantee the commitments entered into by their subsidiary financial institution that intends to carry out activities listed in Annex I of Directive 2013/36/EU in a participating Member State or in another Member State, either by establishing a branch or by providing services;

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