Scope
On this provision: 2 guidelines
Amendment details
This Directive shall apply to institutions.
Article 34 and Title VII, Chapter 3 shall apply to financial holding companies, mixed financial holding companies and mixed-activity holding companies which have their head offices in the Union;
This Directive shall not apply to the following:
central banks;
post office giro institutions;
in Denmark, the ‘Danmarks Eksport- og Investeringsfond’, the ‘Danmarks Skibskredit A/S’ and the ‘KommuneKredit’;
in Czechia, the ‘Národní rozvojová banka a.s.’;
in Germany, the ‘Kreditanstalt für Wiederaufbau’, ‘Landwirtschaftliche Rentenbank’, ‘Bremer Aufbau-Bank GmbH’, ‘Hamburgische Investitions- und Förderbank’, ‘Investitionsbank Berlin’, ‘Investitionsbank des Landes Brandenburg’, ‘Investitionsbank Sachsen-Anhalt’, ‘Investitionsbank Schleswig-Holstein’, ‘Investitions- und Förderbank Niedersachsen — NBank’, ‘Investitions- und Strukturbank Rheinland-Pfalz’, ‘Landeskreditbank Baden-Württemberg Förderbank’, ‘LfA Förderbank Bayern’, ‘NRW.BANK’, ‘Saarländische Investitionskreditbank AG’, ‘Sächsische Aufbaubank — Förderbank’, ‘Thüringer Aufbaubank’, undertakings which are recognised under the ‘Wohnungsgemeinnützigkeitsgesetz’ as bodies of State housing policy and are not mainly engaged in banking transactions, and undertakings recognised under that law as non-profit housing undertakings;
in Estonia, the ‘hoiu-laenuühistud’, as cooperative undertakings that are recognised under the ‘hoiu-laenuühistu seadus’;
in Ireland, the Strategic Banking Corporation of Ireland, credit unions and friendly societies;
in Greece, the ‘Ταμείο Παρακαταθηκών και Δανείων’ (Tamio Parakatathikon kai Danion);
in Spain, the ‘Instituto de Crédito Oficial’;
in France, the ‘Caisse des dépôts et consignations’;
in Croatia, the ‘kreditne unije’ and the ‘Hrvatska banka za obnovu i razvitak’;
in Italy, the ‘Cassa depositi e prestiti’;
in Latvia, the ‘krājaizdevu sabiedrības’, undertakings that are recognised under the ‘krājaizdevu sabiedrību likums’ as cooperative undertakings rendering financial services solely to their members;
in Lithuania, the ‘kredito unijos’ other than the ‘centrinės kredito unijos’;
in Hungary, the ‘MFB Magyar Fejlesztési Bank Zártkörűen Működő Részvénytársaság’ and the ‘Magyar Export-Import Bank Zártkörűen Működő Részvénytársaság’;
in Malta, ‘The Malta Development Bank’;
in the Netherlands, the ‘Nederlandse Investeringsbank voor Ontwikkelingslanden NV’, the ‘NV Noordelijke Ontwikkelingsmaatschappij’, the ‘NV Limburgs Instituut voor Ontwikkeling en Financiering’, the ‘Ontwikkelingsmaatschappij Oost-Nederland NV’ and kredietunies;
in Austria, undertakings recognised as housing associations in the public interest and the ‘Österreichische Kontrollbank AG’ and ‘Oesterreichische Entwicklungsbank — OeEB’;
in Poland, the ‘Spółdzielcze Kasy Oszczędnościowo — Kredytowe’ and the ‘Bank Gospodarstwa Krajowego’;
in Portugal, the ‘Caixas Económicas’ existing on 1 January 1986 with the exception of those incorporated as limited companies and of the ‘Caixa Económica Montepio Geral’;
in Romania, the ‘Banca de Investiții și Dezvoltare — S.A.’;
in Slovenia, the ‘SID-Slovenska izvozna in razvojna banka, d.d. Ljubljana’;
in Finland, the ‘Teollisen yhteistyön rahasto Oy/Fonden för industriellt samarbete AB’, and the ‘Finnvera Oyj/Finnvera Abp’;
in Sweden, the ‘Svenska Skeppshypotekskassan’.
The entities referred to in paragraph 5, points (3) to (23), of this Article shall be treated as financial institutions for the purposes of Article 34 and Title VII, Chapter 3.