risk concentration

Defined in Article 2, Directive 2002/87/EC

Uses as of 11/02/2003

Definitions over time (1)

1. 11/02/2003 – 13/04/2005 applies on 11/02/2003 Article 2, Directive 2002/87/EC Scope: Whole act

   "risk concentration" shall mean all exposures with a loss potential borne by entities within a financial conglomerate, which are large enough to threaten the solvency or the financial position in general of the regulated entities in the financial conglomerate; such exposures may be caused by counterparty risk/credit risk, investment risk, insurance risk, market risk, other risks, or a combination or interaction of these risks.

Used in (16 places in 10 provisions on 11/02/2003)

Directive 2002/87/EC (16 in 10)

Recital 2 · Recital 7 · Article 2 · Article 7⁵ · Article 9 · Article 11 · Article 12 · Article 16 · Article 21 · Article 31³