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EEA parent institution

89

  1. (1) (in accordance with Article 4(16) of the Banking Consolidation Directive and Article 2 of the Capital Adequacy Directive (Definitions)) for the purpose of BIPRU (except BIPRU 12) a parent institution in a Member State which is not a subsidiary undertaking of another institution authorised in any EEA State, or of a financial holding company or mixed financial holding company established in any EEA State.
  2. (2) (except in (1)) has the meaning as given to EU parent institution in article 4(1)(29) of the EU CRR.