OpenLegislation

Directive 2000/12/EC of the European Parliament and of the Council of 20 March 2000 relating to the taking up and pursuit of the business of credit institutions in Wales

EU Directive 2000/12 · Adopted 20 March 2000 · Extends to United Kingdom

Original text. legislation.gov.uk does not revise this item, so later amendments are not shown here. Changes made to it are listed under each provision when known.

Directive 2000/12/EC of the European Parliament and of the Council

of 20 March 2000

relating to the taking up and pursuit of the business of credit institutions

Contents

  1. Title I: DEFINITIONS AND SCOPE
  2. 1Definitions Repealed
  3. 2Scope Repealed
  4. 3Prohibition for undertakings other than credit institutions from carrying on the business of taking deposits or other repayable funds from the public Repealed
  5. Title II: REQUIREMENTS FOR ACCESS TO THE TAKING UP AND PURSUIT OF THE BUSINESS OF CREDIT INSTITUTIONS
  6. 4Authorisation Repealed
  7. 5Initial capital Repealed
  8. 6Management body and place of the head office of credit institutions Repealed
  9. 7Shareholders and members Repealed
  10. 8Programme of operations and structural organisation Repealed
  11. 9Economic needs Repealed
  12. 10Authorisation refusal Repealed
  13. 11Notification of the authorisation to the Commission Repealed
  14. 12Prior consultation with the competent authorities of other Member States Repealed
  15. 13Branches of credit institutions authorised in another Member State Repealed
  16. 14Withdrawal of authorisation Repealed
  17. 15Name Repealed
  18. 16Qualifiying holding in a credit institution Repealed
  19. 17Procedures and internal control mechanisms Repealed
  20. Title III: PROVISIONS CONCERNING THE FREEDOM OF ESTABLISHMENT AND THE FREEDOM TO PROVIDE SERVICES
  21. 18Credit institutions Repealed
  22. 19Financial institutions Repealed
  23. 20Exercise of the right of establishment Repealed
  24. 21Exercise of the freedom to provide services Repealed
  25. 22Power of the competent authorities of the host Member State Repealed
  26. Title IV: RELATIONS WITH THIRD COUNTRIES
  27. 23Notification of the subsidiaries of third countries' undertakings and conditions of access to the markets of these countries Repealed
  28. 24Branches of credit institutions having their head offices outside the Community Repealed
  29. 25Cooperation with third countries' competent authorities regarding supervision on a consolidated basis Repealed
  30. Title V: PRINCIPLES AND TECHNICAL INSTRUMENTS FOR PRUDENTIAL SUPERVISION
  31. Chapter 1: PRINCIPLES OF PRUDENTIAL SUPERVISION Repealed
  32. 26Competence of control of the home Member State Repealed
  33. 27Competence of the host Member State Repealed
  34. 28Collaboration concerning supervision Repealed
  35. 29On-the-spot verification of branches established in another Member State Repealed
  36. 30Exchange of information and professional secrecy Repealed
  37. 31Duty of persons responsible for the legal control of annual and consolidated accounts Repealed
  38. 32Power of sanction of the competent authorities Repealed
  39. 33Right to apply to the courts Repealed
  40. 33aArticle 33a Repealed
  41. Chapter 2: TECHNICAL INSTRUMENTS OF PRUDENTIAL SUPERVISION Repealed
  42. Own funds Repealed
  43. 34General principles Repealed
  44. 35Other items Repealed
  45. 36Other provisions concerning own funds Repealed
  46. 37Calculation of own funds on a consolidated basis Repealed
  47. 38Deductions and limits Repealed
  48. 39Provision of proof to the competent authorities Repealed
  49. Solvency ratio Repealed
  50. 40General principles Repealed
  51. 41The numerator: own funds Repealed
  52. 42The denominator: risk-adjusted assets and off-balance-sheet items Repealed
  53. 43Risk weightings Repealed
  54. 44Weighting of claims for regional governments or local authorities of the Member States Repealed
  55. 45Other weighting Repealed
  56. 46Administrative bodies and non-commercial undertakings Repealed
  57. 47Solvency ratio level Repealed
  58. Large exposures Repealed
  59. 48Reporting of large exposures Repealed
  60. 49Limits on large exposures Repealed
  61. 50Supervision on a consolidated or unconsolidated basis of large exposures Repealed
  62. Qualifying holdings outside the financial sector Repealed
  63. 51Limits to non-financial qualifying holdings Repealed
  64. Chapter 3: SUPERVISION ON A CONSOLIDATED BASIS Repealed
  65. 52Supervision on a consolidated basis of credit institutions Repealed
  66. 53Competent authorities responsible for exercising supervision on a consolidated basis Repealed
  67. 54Form and extent of consolidation Repealed
  68. 54aManagement body of financial holding companies Repealed
  69. 55Information to be supplied by mixed-activity holding companies and their subsidiaries Repealed
  70. 55aIntra-group transactions with mixed-activity holding companies Repealed
  71. 56Measures to facilitate supervision on a consolidated basis Repealed
  72. 56aThird-country parent undertakings Repealed
  73. Title VI: BANKING ADVISORY COMMITTEE Repealed
  74. 57Composition and tasks of the Banking Advisory Committee Repealed
  75. 58Examination of the requirements for authorisation Repealed
  76. 59Observation ratios Repealed
  77. Title VII: POWERS OF EXECUTION
  78. 60Technical adaptations Repealed
  79. Title VIII: TRANSITIONAL AND FINAL PROVISIONS
  80. Chapter 1: TRANSITIONAL PROVISIONS Repealed
  81. 61Transitional provisions regarding Article 36 Repealed
  82. 62Transitional provisions regarding Article 43 Repealed
  83. 63Transitional provisions regarding Article 47 Repealed
  84. 64Transitional provisions regarding Article 49 Repealed
  85. 65Transitional provisions regarding Article 51 Repealed
  86. Chapter 2: FINAL PROVISIONS Repealed
  87. 66Commission information Repealed
  88. 67Repealed Directives Repealed
  89. 68Implementation Repealed
  90. 69Addressees Repealed
  91. Attachment Repealed
  92. 1Division 1 Repealed
  93. 2Division 2 Repealed
  94. 3Division 3 Repealed
  95. 4Division 4 Repealed
  96. 5Division 5 Repealed
  97. 6Division 6 Repealed
  98. 7Trading for own account or for account of customers in: Repealed
  99. 8Division 8 Repealed
  100. 9Division 9 Repealed
  101. 10Division 10 Repealed
  102. 11Division 11 Repealed
  103. 12Division 12 Repealed
  104. 13Division 13 Repealed
  105. 14Division 14 Repealed
  106. Attachment Repealed
  107. Attachment Repealed
  108. 1CHOICE OF THE METHOD Repealed
  109. METHODS Repealed
  110. Division Repealed
  111. Method 1:the ‘mark to market’ approach Repealed
  112. Method 2:the ‘original exposure’ approach Repealed
  113. CONTRACTUAL NETTING (CONTRACTS FOR NOVATION AND OTHER NETTING AGREEMENTS) Repealed
  114. (a)Types of netting that competent authorities may recognise Repealed
  115. (b)Conditions for recognition Repealed
  116. Effects of recognition Repealed
  117. (i)Contracts for novation Repealed
  118. (ii)Other netting agreements Repealed
  119. Attachment Repealed
  120. 1Interest-rate contracts: Repealed
  121. 2Foreign-exchange contracts and contracts concerning gold: Repealed
  122. 3Contracts of a nature similar to those in points 1(a) to (e) and 2(a) to (d) concerning other reference items or indices concerning: Repealed
  123. Attachment Repealed
  124. PART AREPEALED DIRECTIVES TOGETHER WITH THEIR SUCCESSIVE AMENDMENTS Repealed
  125. PART BDEADLINES FOR IMPLEMENTATION Repealed
  126. Attachment Repealed
  127. Division Repealed