(25)
CRR
'recognised third-country investment firm' means a firm meeting all of the following conditions: if it were established within the Union, it would be covered by the definition of an investment firm; it is authorised in a third country; it is subject to and complies with prudential rules considered by the competent authorities as at least as stringent as those laid down in this Regulation or in Directive 2013/36/EU;
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Source: EUR-Lex (Cellar) · retrieved 2026-09-25 · Text as adopted (Official Journal); later amendments are not incorporated in this text.