+Article 111 3.

Article 111 3.

Where two or more credit institutions or investment firms authorised in the Union have the same parent financial holding company in a Member State, parent mixed financial holding company in a Member State, EU parent financial holding company or EU parent mixed financial holding company, supervision on a consolidated basis shall be exercised by:

(a) 

the competent authority of the credit institution where there is only one credit institution within the group;

(b) 

the competent authority of the credit institution with the largest balance sheet total, where there are several credit institutions within the group; or

(c) 

the competent authority of the investment firm with the largest balance sheet total, where the group does not include any credit institution.

1. Vue d’ensemble

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1.1 Références

1.2 Exigences identifiées

1.3 Normes associées

2. Exigences identifiées

Exigences

3. Normes associées

Normes