(b)
CRR
an undertaking, that is not a financial sector entity, carrying on activities which the competent authority considers to be any of the following: a direct extension of banking; ancillary to banking; leasing, factoring, the management of unit trusts, the management of data processing services or any other similar activity.
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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.