1. For the purposes of this Regulation, in addition to the definitions set out in Article 2 of Regulation (EU) …/…[OJ: Please insert the number of the Regulation contained in document PE-CONS 36/24 (2021/0239(COD)).] and Article 2 of Directive (EU) …/…[OJ: Please insert the number of the Directive contained in document PE-CONS 37/24 (2021/0250(COD)).], the following definitions apply:
(1) ‘selected obliged entity’ means a credit institution, a financial institution, or a group of credit institutions or financial institutions at the highest level of consolidation in the Union in accordance with applicable accounting standards, which is under direct supervision by the Authority pursuant to Article 13;
(2) ‘non-selected obliged entity’ means a credit institution, a financial institution, or a group of credit institutions or financial institutions at the highest level of consolidation in the Union in accordance with applicable accounting standards, other than a selected obl
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