credit institution

Definition of credit institution from Regulation (EU) No 575/2013, Article 4(1), point (1).

Defined term	credit institution
Source	CRR
Reference	Article 4(1), point (1)
Status	Published
Refresh rule	Regenerate after source legal-text changes

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
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• Article 143
• Article 59
• Article 60
• Article 63
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• Article 109
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• Article 125