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Defined terms — Directive (EU) 2019/879 of the European Parliament and of the Council of 20 May 2019 amending Directive 2014/59/EU as regards the loss-absorbing and recapitalisation capacity of credit institutions and investment firms and Directive 98/26/EC

European Union · 32019L0879 · 335 provisions

8 defined in this instrument, 6 borrowed from other acts.

All provisions · All instruments

bail-inable liabilities — the liabilities and capital instruments that do not qualify as Common Equity Tier 1, Additional Tier 1 or Tier 2 instruments of an institution or entity referred to in point (b), (c) or (d) of Article 1(1) and that are not excluded from the scope of the bail-in tool pursuant to Article 44(2) (d)
CCP — borrowed from another act; this instrument states no meaning of its own (a)
central counterparty — borrowed from another act; this instrument states no meaning of its own (a)
combined buffer requirement — borrowed from another act; this instrument states no meaning of its own (f)
Common Equity Tier 1 capital — Common Equity Tier 1 capital as calculated in accordance with Article 50 of Regulation (EU) No 575/2013 (b)
eligible liabilities — bail-inable liabilities that fulfil, as applicable, the conditions of Article 45b or point (a) of Article 45f(2) of this Directive, and Tier 2 instruments that meet the conditions of point (b) of Article 72a(1) of Regulation (EU) No 575/2013 (d)
G-SII — borrowed from another act; this instrument states no meaning of its own (e)
global systemically important institution — borrowed from another act; this instrument states no meaning of its own (e)
material subsidiary — borrowed from another act; this instrument states no meaning of its own (a)
participant — an institution, a central counterparty, a settlement agent, a clearing house, a system operator or a clearing member of a CCP authorised pursuant to Article 17 of Regulation (EU) No 648/2012 (b)
resolution entity — (a) a legal person established in the Union, which, in accordance with Article 12, is identified by the resolution authority as an entity in respect of which the resolution plan provides for resolution action; or (b) an institution that is not part of a group that is subject to consolidated supervision pursuant to Articles 111 and 112 of Directive 2013/36/EU, in respect of which the resolution plan drawn up pursuant to Article 10 of this Directive provides for resolution action (e)
resolution group — (a) a resolution entity and its subsidiaries that are not: (i) resolution entities themselves; (ii) subsidiaries of other resolution entities; or (iii) entities established in a third country that are not included in the resolution group in accordance with the resolution plan and their subsidiaries; or (b) credit institutions permanently affiliated to a central body and the central body itself when at least one of those credit institutions or the central body is a resolution entity, and their respective subsidiaries; (83c) “global systemically important institution” or (e)
subordinated eligible instruments — instruments that meet all of the conditions referred to in Article 72a of Regulation (EU) No 575/2013 other than paragraphs (3) to (5) of Article 72b of that Regulation (d)
subsidiary — a subsidiary as defined in point (16) of Article 4(1) of Regulation (EU) No 575/2013, and for the purpose of applying Articles 7, 12, 17, 18, 45 to 45m, 59 to 62, 91 and 92 of this Directive to resolution groups referred to in point (b) of point (83b) of this paragraph, includes, where and as appropriate, credit institutions that are permanently affiliated to a central body, the central body itself, and their respective subsidiaries, taking into account the way in which such resolution groups comply with Article 45e(3) of this Directive (a)