credit institution

In force · CRR Article 4(1), point (1) · Consolidated version of 1 January 2023 · Not yet verified against the official text · Official source

Definition

(1) 'credit institution' means an undertaking the business of which consists of any of the following:

(a) to take deposits or other repayable funds from the public and to grant credits for its own account;

(b) to carry out any of the activities referred to in points (3) and (6) of Section A of Annex I to Directive 2014/65/EU, where the Article 4(1), point (1), asset-threshold conditions are met and the undertaking is not excluded by that point;

Source

CRR, Article 4(1), point (1).

Used In MiCA

• Article 10

• Article 16

• Article 17

• Article 24

• Article 36

• Article 37

• Article 38

• Article 45

• Article 48

• Article 54

• Article 57

• Article 143

• Article 59

• Article 60

• Article 63

• Article 70

• Article 109

• Article 119

• Article 122

• Article 125