+Article 40 2

Article 40 2

2.   Each of the supervised entities forming part of a supervised group shall be deemed to be a significant supervised entity in any of the following circumstances:

(a)

if the supervised group at its highest level of consolidation within the participating Member States fulfils the size criterion, the economic importance criterion, or the cross- border activities criterion;

(b)

if one of the supervised entities forming part of the supervised group fulfils the direct public financial assistance criterion;

(c)

if one of the supervised entities forming part of the supervised group is one of the three most significant credit institutions in a participating Member State.

1. Overview

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Summary Regulation

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source Requirement

3. Related Standards

Standards
Source Requirement