institution

Defined in Article 391, Capital Requirements Regulation (CRR)

Definitions over time (3)

1. 29/06/2021 – today applies on 12/11/2026 Article 391, Capital Requirements Regulation (CRR) Scope: Part IV

   For the purposes of calculating the value of exposures in accordance with this Part the term ‘institution’ shall include a private or public undertaking, including its branches, which, were it established in the Union, would fulfil the definition of the term ‘institution’ and has been authorised in a third country that applies prudential supervisory and regulatory requirements at least equivalent to those applied in the Union.

2. 27/06/2019 – 29/06/2021 Article 391, Capital Requirements Regulation (CRR) Scope: Part IV

   For the purposes of calculating the value of exposures in accordance with this Part the term ‘institution’ shall include a private or public undertaking, including its branches, which, were it established in the Union, would fulfil the definition of the term ‘institution’ and has been authorised in a third country that applies prudential supervisory and regulatory requirements at least equivalent to those applied in the Union. For the purposes of the first paragraph, the Commission may adopt, by means of implementing acts, and subject to the examination procedure referred to in Article 464(2), decisions as to whether a third country applies prudential supervisory and regulatory requirements at least equivalent to those applied in the Union.

3. 28/06/2013 – 27/06/2019 Article 391, Capital Requirements Regulation (CRR) Scope: Part IV

   For the purposes of calculating the value of exposures in accordance with this Part the term ‘institution’ shall include a private or public undertaking, including its branches, which, were it established in the Union, would fulfil the definition of the term ‘institution’ and has been authorised in a third country that applies prudential supervisory and regulatory requirements at least equivalent to those applied in the Union.

Used in (112 places in 14 provisions on 12/11/2026)

Capital Requirements Regulation (CRR) (112 in 14)

Article 387 · Article 390⁸ · Article 391² · Article 392 · Article 393 · Article 394¹¹ · Article 395²³ · Article 396⁸ · Article 398² · Article 399³ · Article 400²⁰ · Article 401⁹ · Article 402¹² · Article 403¹¹