Difference between revisions of "Home Member State"
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'''Home Member State''' is terminology applicable to European Union Law. | '''Home Member State''' is terminology applicable to European Union Law. | ||
| − | In the context of the [[NPL Directive]] it means, with respect to a | + | In the context of the [[NPL Directive]] it means, with respect to a [[Credit Servicer]], |
| + | * the Member State in which its registered office is situated or, | ||
| + | * if under its national law it has no registered office, the Member State in which its head office is situated or, | ||
| + | * with respect to a credit purchaser, the Member State in which the credit purchaser or its representative is domiciled, or its registered office is situated or, | ||
| + | * if under its national law it has no registered office, the Member State in which its head office is situated | ||
| + | |||
| + | == See Also == | ||
| + | * [[NPL Directive]] | ||
[[Category:NPL Directive]] | [[Category:NPL Directive]] | ||
| + | [[Category:European Finance]] | ||
Latest revision as of 17:21, 3 June 2022
Definition
Home Member State is terminology applicable to European Union Law.
In the context of the NPL Directive it means, with respect to a Credit Servicer,
- the Member State in which its registered office is situated or,
- if under its national law it has no registered office, the Member State in which its head office is situated or,
- with respect to a credit purchaser, the Member State in which the credit purchaser or its representative is domiciled, or its registered office is situated or,
- if under its national law it has no registered office, the Member State in which its head office is situated
