Decision of the European Central Bank of 9 June 2009 amending Decision ECB/2007/7 concerning the terms and conditions of TARGET2-ECB (ECB/2009/13) (2009/465/EC)

Article 1 U.K.

The definition of ‘credit institution’ in Article 1 of the Annex to Decision ECB/2007/7 is replaced by the following:

• ‘“credit institution” means either: (a) a credit institution within the meaning of § 1(1) of the KWG; or (b) another credit institution within the meaning of Article 101(2) of the Treaty that is subject to scrutiny of a standard comparable to supervision by a competent authority.’