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Version status: Amended | Document consolidation status: Updated to reflect all known changes
Version date: 14 November 2024 - onwards
Version 4 of 4

Article 3 Definitions

1. For the purposes of this Regulation the following definitions apply:

(1) "national competent authority" means any national competent authority as defined in Article 2(2) of Regulation (EU) No 1024/2013;

(2) "competent authority" means a competent authority as defined in Article 4(2)(i) of Regulation (EU) No 1093/2010;

(3) "national resolution authority" means an authority designated by a participating Member State in accordance with Article 3 of Directive 2014/59/EU;

(4) "relevant national resolution authority" means the national resolution authority of a participating Member State in which an entity or a group's entity is established;

(5) "conditions for resolution" means the conditions referred to in Article 18(1);