supervised group

Definitions over time (1)

15/05/2014 – today applies on 11/11/2026 Article 2, Regulation (EU) No 468/2014 of the ECB Scope: Whole act

For the purposes of this Regulation, the definitions contained in the SSM Regulation shall apply, unless otherwise provided for, together with the following definitions:

‘supervised group’ means any of the following: a group whose parent undertaking is a credit institution or financial holding company that has its head office in a participating Member State; a group whose parent undertaking is a mixed financial holding company that has its head office in a participating Member State, provided that the coordinator of the financial conglomerate, within the meaning of Directive 2002/87/EC of the European Parliament and of the Council (^{10}), is an authority competent for the supervision of credit institutions and is also the coordinator in its function as supervisor of credit institutions; supervised entities each having their head office in the same participating Member State provided that they are permanently affiliated to a central body which supervises them under the conditions laid down in Article 10 of Regulation (EU) No 575/2013 and which is established in the same participating Member State;