For the purposes of this Regulation, the following definitions shall apply:

(1) "participating Member State" means a Member State whose currency is the euro or a Member State whose currency is not the euro which has established a close cooperation in accordance with Article 7;

(2) "national competent authority" means a national competent authority designated by a participating Member State in accordance with Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms [OJ L 176, 27.6.2013, p. 1.] and Directive 2013/36/EU;

(3) "credit institution" means a credit institution as defined in point 1 of Article 4(1) of Regulation (EU) No 575/2013;

(4) "financial holding company" means a financial holding company as defined in point 20 of Article 4(1) of Regulation (EU) No 575/2013;