branch

Definitions over time (1)

07/03/2024 – today applies on 12/11/2026 Article 1, Commission Delegated Regulation (EU) 2024/595 Scope: Whole act

For the purposes of this Regulation, the following definitions shall apply:

‘branch’ means a place of business which forms a legally dependent part of a financial sector operator and which carries out directly all or some of the transactions inherent in the business of the financial sector operator, whether its registered office or head office is situated in a Member State or in a third country;