EEA financial parent undertaking

(in ELM) (in relation to an ELMI) the highest undertaking in the ELMI's group that:

1. (a) is a relevant financial services company or a financial holding company;
1. (b) is formed under the law of another EEA State; and
1. (c) is a parent undertaking of the ELMI;

as established in accordance with ELM 7 (Consolidated financial supervision).