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consolidated situation

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consolidated situation

(A) (in the PRA Handbook)the situation that results from applying the requirements of the EU CRR in accordance with Part One, Title II, Chapter 2 of the EU CRR to an institution as if that institution formed, together with one or more other institutions, a single institution. (B) (in the FCA Handbook)153has the meaning in article 4(1)(47) of the EU CRR.

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