79. At the consolidated level, the Union parent undertaking should ensure adherence to the …

At the consolidated level, the Union parent undertaking should ensure adherence to the group-wide governance policies and internal control framework as referred to in Title V by all investment firms and other entities within the scope of prudential consolidation, including its subsidiaries not themselves subject to Directive (EU) 2019/2034. When implementing governance policies, the Union parent undertaking should ensure that robust governance arrangements are in place for each subsidiary and consider specific arrangements, processes and mechanisms where business activities are organised not in separate legal entities but within a matrix of business lines that encompasses multiple legal entities.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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