ECB Modifies List of Supervised Entities
The European Central Bank (ECB) updated the list of supervised entities in the European Union, with number of significant supervised entities being 110 from the July 01, 2022 cut-off date.
Out of the 15 changes with respect to significant supervised entities, names of certain entities have been changed, while other entities have been merged or acquired, and the license of DEPFA Bank plc (France) was withdrawn (thus name was deleted from the list). The full list contains the significant supervised entities, which ECB directly supervises (Part A), and the less significant supervised entities, which ECB indirectly supervises (Part B). In this context, a "supervised entity" means a credit institution established in a participating member state; a financial holding company established in a participating member state; a mixed financial holding company established in a participating member state; or a branch established in a participating member state by a credit institution that is established in a non-participating member state.
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Keywords: Europe, EU, Banking, SSM, Supervised Entities, Significant Credit Institutions, Less Significant Credit Institutions, Banking Supervision, Basel, Reporting, ECB
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