Article 1 | Delegated Regulation 2015/2303

In force

Initial Legal Act

Amendments

Article 1 - Subject matter

Article 1

Subject matter

This Regulation lays down rules regarding:

(a)	the establishment of a more precise formulation of the definitions of ‘intra-group transactions’ and ‘risk concentration’ set out in points (18) and (19) of Article 2 of Directive 2002/87/EC by laying down criteria for assessing when they are of a significant character

(b)

the coordination of the provisions adopted pursuant to Articles 7 and 8 and Annex II of Directive 2002/87/EC with respect to:

(i)	the information to be provided by regulated entities or mixed financial holding companies to the coordinator and other relevant competent authorities for the purpose of supervisory overview of risk concentration and intra-group transaction;

(ii)	the methodology to be applied by the coordinator and relevant competent authorities for the purposes of identifying types of significant risk concentration and intra-group transactions;

(iii)

the supervisory measures to be applied by competent authorities as referred to in Articles 7(3) and 8(3) of Directive 2002/87/EC.