Guidelines on the monitoring of the threshold for establishing an intermediate EU parent undertaking

  • Status: Final and translated into the EU official languages

This guidance specifies the methodology to calculate the total value of assets in the Union of the third-country groups and clarifies how to monitor this value in order to meet the IPU requirement. In accordance with Article 21b of the CRD, institutions belonging to third-country groups with a total value of assets in the Union of the group equal to or greater than EUR 40 billion must establish an intermediate EU parent undertaking (IPU). In order to take into account the fluctuation in the value of assets, these Guidelines specify that the total value of assets in the Union of the third-country group should be calculated as an average over the last four quarters.

Summary of document history

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Consultation on the monitoring of the threshold for establishing an intermediate EU parent undertaking

  • Status: Closed
  • Deadline: 15 MARCH 2021
Documents
Consultation paper

(712.68 KB - PDF) Last update 30 June 2021

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Public hearings

Public Hearing on Consultation Paper on the Guidelines on the monitoring of the IPU threshold

Public hearing presentation

(1.09 MB - PDF) Last update 26 February 2021

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