Part I, Article 2, Point (21) · ECB/2014/17

Contents

(21)‘supervised group’ means any of the following:

(a)a group whose parent undertaking is a credit institution or financial holding company that has its head office in a participating Member State;

(b)a group whose parent undertaking is a mixed financial holding company that has its head office in a participating Member State, provided that the coordinator of the financial conglomerate, within the meaning of Directive 2002/87/EC of the European Parliament and of the Council^note, is an authority competent for the supervision of credit institutions and is also the coordinator in its function as supervisor of credit institutions;

(c)supervised entities each having their head office in the same participating Member State provided that they are permanently affiliated to a central body which supervises them under the conditions laid down in Article 10 of Regulation (EU) No 575/2013 and which is established in the same participating Member State;