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Feed/DEA2024/2662(DEA)Finance & Budget

Corrigendum to of 6 December 2023 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards specifying in which circumstances the conditions for identifying groups of connected clients are met (C(2023) 8289 final)

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 25mo ago
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This procedure corrects a previous legal text concerning how financial institutions identify groups of clients that are connected. This is important for ensuring the stability of the financial system and preventing risks. The correction affects banks, credit institutions, insurance companies, and pension funds. It clarifies the conditions under which clients are considered connected, impacting their reporting and risk management.

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