29. Where the total value of assets in the Union of a third-country group calculated in accordance …

Where the total value of assets in the Union of a third-country group calculated in accordance with paragraphs 10 and 11 has dropped significantly and permanently below the threshold set out in Article 21b(4) of Directive 2013/36/EU as a result of strategic changes in European operations of that third-country group, the consolidating supervisor and, where applicable, the group supervisor and the competent authorities should, following a relevant group’s request, coordinate to determine whether the threshold should be deemed as no longer exceeded before the end of the period of twelve consecutive quarters referred to in paragraph 14.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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