Article 1, Point (11) · ECB/2021/38

Contents

(1) ‘internal models decision’ means a decision of the ECB on…
(2) ‘Standardised Approach’ means the approach for calculating…
(3) ‘Internal Ratings Based Approach’ (IRB Approach) means the…
(4) ‘Common Equity Tier 1 capital ratio’, ‘Tier 1 capital rati…
(5) ‘obligation’ means an ancillary provision to a supervisory…
(6) ‘limitation’ means an ancillary provision to a supervisory…
(7) ‘extension of deadlines decision’ means a decision of the…
(8) ‘delegated decision’ means delegated decision as defined i…
(9) ‘heads of work units’ means the heads of work units of the…
(10) ‘non-objection procedure’ means the procedure set out in A…
(11) ‘negative decision’ means a decision that does not or does…
(12) ‘sensitivity’ means a characteristic or factor that may ha…
(13) ‘significant supervised entity’ means a significant superv…
(14) ‘significant supervised group’ means a significant supervi…
(15) ‘SREP decision’ means the decision adopted by the ECB on t…
(16) ‘ECB guide’ means a document, adopted by the Governing Cou…
(17) ‘ECB Guide to internal models’ means a document with this…

(11)‘negative decision’ means a decision that does not or does not fully grant the permission or extension as requested by the supervised entity or proposed acquirer. A decision with ancillary provisions such as conditions, obligations or limitations shall be considered a negative decision unless such ancillary provisions (a) ensure that the supervised entity fulfils the requirements of relevant Union law referred to in Article 4(2), 5(2) and 6(2) and have been agreed in writing or (b) merely restate one or more of the existing requirements that the supervised entity has to comply with pursuant to Union law or require information on the fulfilment of one or more of such requirements;