financial holding company
Defined in Article 2, European Market Infrastructure Regulation (EMIR)
Uses as of 16/08/2012
Definitions over time (1)
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16/08/2012 – 01/01/2014 applies on 16/08/2012 Article 2, European Market Infrastructure Regulation (EMIR) Scope: Whole act
For the purposes of this Regulation, the following definitions shall apply:
‘financial holding company’ means a financial institution, the subsidiary undertakings of which are either exclusively or mainly credit institutions or financial institutions, at least one of such subsidiary undertakings being a credit institution, and which is not a mixed financial holding company within the meaning of Article 2(15) of Directive 2002/87/EC of the European Parliament and of the Council of 16 December 2002 on the supplementary supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate (^{25});
Other definitions of this term in this act (1)
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