Directive 2006/48/EC of the European Parliament and of the council (repealed)Show full title

Directive 2006/48/EC of the European Parliament and of the council of 14 June 2006 relating to the taking up and pursuit of the business of credit institutions (recast) (Text with EEA relevance) (repealed)

Article 107

For the purposes of applying this Section, the term ‘credit institution’ shall cover the following:

(a)

a credit institution, including its branches in third countries; and

(b)

any private or public undertaking, including its branches, which meets the definition of ‘credit institution’ and has been authorised in a third country.