18. EU parent institutions and stand-alone institutions of a third-country group should coordinate …

EU parent institutions and stand-alone institutions of a third-country group should coordinate to alert, providing all relevant information and without undue delay, the competent authority that is to be determined as the consolidating supervisor in accordance with paragraphs (3) and (5) of Article 111 of Directive 2013/36/EU under the assumption that all institutions authorised in the Union, having the same parent EU financial holding company, were part of a group subject to consolidated supervision pursuant to that Article (“consolidating supervisor”) or as appropriate, where none of the institutions of a third-country group is a credit institution, the competent authority that is to be determined as the group supervisor in accordance with Article 46 of Directive (EU) 2019/2034 (“ group supervisor ”) , where they expect that their third-country group will reach the threshold within the next three years based on the forward-looking monitoring.

1. Overview

1.1 References

• Article 46 Determination of the group supervisor

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/