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Version status: Amended | Document consolidation status: Updated to reflect all known changes
Version date: 30 March 2021 - onwards
Version 4 of 4

Article 2 Definitions

For the purpose of this Regulation, the following definitions apply:

(1) "Relevant entity" means a group headed by an EU parent institution, an EU parent financial holding company or an EU parent mixed financial holding company, or an institution that is not a subsidiary of an EU parent institution, of an EU parent financial holding company or of an EU parent mixed financial holding company;

(2) "Indicator value" means for each indicator set out in Article 6 and for each relevant entity of the sample the individual value of the indicator and for each bank authorised in a third country a comparable individual value publicly disclosed in accordance with internationally agreed standards;

(3) "Denominator" means for each indicator the total aggregate value of the indicator values of the relevant entities and banks authorised in third countries of the sample;

(4) "Cut-off score" means a score value determining the lowest boundary and the boundaries between the five subcategories as defined in Article 131(9) of Directive 2013/36/EU.