+Article 16 1.

Article 16 1.

The competent authority shall, before granting authorisation to a credit institution, consult the competent authorities of another Member State where the credit institution is:

(a) 

a subsidiary of a credit institution authorised in that other Member State;

(b) 

a subsidiary of the parent undertaking of a credit institution authorised in that other Member State;

(c) 

controlled by the same natural or legal persons as those who control a credit institution authorised in that other Member State.

1. Overview

,

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards