Defined terms — Regulation (EU) No 806/2014 of the European Parliament and of the Council of 15 July 2014 establishing uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund and amending Regulation (EU) No 1093/2010
European Union · 32014R0806 · 2134 provisions
39 defined in this instrument, 17 borrowed from other acts.
Additional Tier 1 instruments — capital instruments that meet the conditions laid down in Article 52(1) of Regulation (EU) No 575/2013 (46)
aggregate amount — the aggregate amount by which the resolution authority has assessed that eligible liabilities are to be written down or converted, in accordance with Article 27(13) (48)
Agreement — the agreement on the transfer and mutualisation of contributions to the Fund (36)
asset separation tool — the mechanism for effecting a transfer of assets, rights or liabilities of an institution under resolution to an asset management vehicle in accordance with Article 26 (32)
available financial means — the cash, deposits, assets and irrevocable payment commitments available to the Fund for the purposes listed under Article 76(1) (34)
bail-in tool — the mechanism for effecting the exercise of the write-down and conversion powers in relation to liabilities of an institution under resolution in accordance with Article 27 (33)
branch — borrowed from another act; this instrument states no meaning of its own (22)
bridge institution tool — the mechanism for transferring instruments of ownership issued by an institution under resolution, or assets, rights or liabilities of an institution under resolution, to a bridge institution, in accordance with Article 25 (31)
Common Equity Tier 1 instruments — capital instruments that meet the conditions laid down in Article 28(1) to (4), Article 29(1) to (5) or Article 31(1) of Regulation (EU) No 575/2013 (45)
competent authorities — (i) competent authorities as defined in point (40) of Article 4(1) of Regulation (EU) No 575/2013, including the European Central Bank with regard to matters relating to the tasks conferred on it by Regulation (EU) No 1024/2013, in Directive 2007/64/EC, and as referred to in Directive 2009/110/EC; (ii) with regard to Directives 2002/65/EC and 2005/60/EC, the authorities competent for ensuring compliance with the requirements of those Directives by credit and financial institutions; (iii) with regard to deposit guarantee schemes, bodies which administer deposit guarantee schemes pursuant to Directive 2014/49/EU of the European Parliament and of the Council Directive 2014/49/EU of the European Parliament and of the Council of 16 April 2014 on deposit guarantee scheme (OJ L 173, 12.6.2014, p. 149). , or, where the operation of the deposit guarantee scheme is administered by a private company, the public authority supervising those schemes pursuant to that Directive; and (iv) with regard to Directive 2014/59/EU of the European Parliament and of the Council Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and… (1)
competent authority — borrowed from another act; this instrument states no meaning of its own (2)
conditions for resolution — the conditions referred to in Article 18(1) (5)
consolidated basis — the basis of the consolidated situation as defined in Article 4(1)(47) of Regulation (EU) No 575/2013 (25)
consolidating supervisor — borrowed from another act; this instrument states no meaning of its own (26)
covered bond — an instrument as referred to in Article 52(4) of Directive 2009/65/EC of the European Parliament and of the Council Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) (OJ L 302, 17.11.2009, p. 32). (52)
covered deposits — borrowed from another act; this instrument states no meaning of its own (11)
cross-border group — a group that has entities as referred to in Article 2 established in more than one participating Member State (24)
debt instruments — bonds and other forms of transferable debt, instruments creating or acknowledging a debt, and instruments giving rights to acquire debt instruments (39)
deposit guarantee scheme — a deposit guarantee scheme introduced and officially recognised by a Member State pursuant to Article 4 of Directive 2014/49/EU (50)
depositor — borrowed from another act; this instrument states no meaning of its own (53)
derivative — borrowed from another act; this instrument states no meaning of its own (43)
eligible deposits — borrowed from another act; this instrument states no meaning of its own (12)
eligible liabilities — the liabilities and capital instruments that do not qualify as Common Equity Tier 1, Additional Tier 1 or Tier 2 instruments of an entity referred to in Article 2 that are not excluded from the scope of the bail-in tool pursuant to Article 27(3) (49)
extraordinary public financial support — State aid within the meaning of Article 107(1) TFEU or any other public financial support at supra-national level, which, if provided at national level, would constitute State aid, that is provided in order to preserve or restore the viability, liquidity or solvency of an entity referred to in Article 2 of this Regulation or of a group of which such an entity forms part (29)
financial holding company — borrowed from another act; this instrument states no meaning of its own (16)
financial institution — borrowed from another act; this instrument states no meaning of its own (15)
financial instrument — borrowed from another act; this instrument states no meaning of its own (38)
group — a parent undertaking and its subsidiaries that are entities as referred to in Article 2 (23)
group resolution plan — a plan for group resolution drawn up in accordance with Articles 8 and 9 (7)
group-level resolution authority — the resolution authority in the participating Member State in which the institution or parent undertaking subject to consolidated supervision at the highest level of consolidation within participating Member States in accordance with Article 111 of Directive 2013/36/EU is established (27)
institution — a credit institution, or an investment firm covered by consolidated supervision in accordance with Article 2(c) (13)
institution under resolution — an entity referred to in Article 2 in respect of which a resolution action is taken (14)
institutional protection scheme — borrowed from another act; this instrument states no meaning of its own (28)
investor — an investor within the meaning of Article 1(4) of Directive 97/9/EC of the European Parliament and of the Council Directive 97/9/EC of the European Parliament and of the Council of 3 March 1997 on investor-compensation schemes (OJ L 84, 26.3.1997, p. 22). (54)
IPS — an arrangement that meets the requirements laid down in Article 113(7) of Regulation (EU) No 575/2013 (28)
mixed financial holding company — borrowed from another act; this instrument states no meaning of its own (17)
national competent authority — borrowed from another act; this instrument states no meaning of its own (1)
national resolution authority — an authority designated by a participating Member State in accordance with Article 3 of Directive 2014/59/EU (3)
own funds — borrowed from another act; this instrument states no meaning of its own (40)
own funds requirements — the requirements laid down in Articles 92 to 98 of Regulation (EU) No 575/2013 (41)
parent undertaking — a parent undertaking as defined in Article 4(1)(15)(a) of Regulation (EU) No 575/2013 (20)
relevant capital instruments — Additional Tier 1 instruments and Tier 2 instruments (51)
relevant national resolution authority — the national resolution authority of a participating Member State in which an entity or a group's entity is established (4)
resolution action — the decision to place an entity referred to in Article 2 under resolution pursuant to Article 18, the application of a resolution tool or the exercise of one or more resolution powers (10)
resolution objectives — the objectives referred to in Article 14 (8)
resolution plan — a plan drawn up in accordance with Article 8 or 9 (6)
resolution tool — a resolution tool referred to in Article 22(2) (9)
sale of business tool — the mechanism for effecting a transfer by a resolution authority of instruments of ownership issued by an institution under resolution, or assets, rights or liabilities of an institution under resolution, to a purchaser that is not a bridge institution, in accordance with Article 24 (30)
subsidiary — borrowed from another act; this instrument states no meaning of its own (21)
target level — the amount of available financial means to be reached under Article 69(1) (35)
Tier 2 instruments — capital instruments or subordinated loans that meet the conditions laid down in Article 63 of Regulation (EU) No 575/2013 (47)
transitional period — the period from the date of application of this Regulation as determined under Article 99(2) and (6) until the Fund reaches the target level or 1 January 2024, whichever is earlier (37)
Union parent financial holding company — borrowed from another act; this instrument states no meaning of its own (18)
Union parent institution — borrowed from another act; this instrument states no meaning of its own (19)
winding up — the realisation of assets of an entity referred to in Article 2 (42)
write-down and conversion powers — the powers referred to in Article 21 (44)