ultimate parent undertaking

Defined in Article 2, Directive (EU) 2025/1 (IRRD)

Definitions over time (1)

1. 28/01/2025 – today applies on 11/11/2026 Article 2, Directive (EU) 2025/1 (IRRD) Scope: Whole act

   For the purposes of this Directive, the following definitions apply:

   ‘ultimate parent undertaking’ means a parent undertaking in a Member State, of a group which is subject to group supervision in accordance with Article 213(2), point (a) or (b), of Directive 2009/138/EC, which is not a subsidiary undertaking of another insurance or reinsurance undertaking, an insurance holding company or a mixed financial holding company that is authorised and set up in any Member State;

Used in (27 places in 15 provisions on 11/11/2026)

Directive (EU) 2025/1 (IRRD) (27 in 15)

Recital 22 · Recital 26 · Recital 27 · Article 2 · Article 5 · Article 7⁴ · Article 11² · Article 12 · Article 16⁴ · Article 17⁴ · Article 52² · Article 69 · Article 73 · Article 74 · Article 83²