material subsidiary
Defined in Article 2, Bank Recovery and Resolution Directive (BRRD)
Definitions over time (1)
-
27/06/2019 – today applies on 12/11/2026 Article 2, Bank Recovery and Resolution Directive (BRRD) Scope: Whole act
For the purposes of this Directive the following definitions apply:
‘material subsidiary’ means a material subsidiary as defined in point (135) of Article 4(1) of Regulation (EU) No 575/2013;