Article 21a 4.

the financial holding company’s principal activity is to acquire holdings in subsidiaries or, in the case of a mixed financial holding company, its principal activity with respect to institutions or financial institutions is to acquire holdings in subsidiaries;

the financial holding company or mixed financial holding company has not been designated as a resolution entity in any of the group’s resolution groups in accordance with the resolution strategy determined by the relevant resolution authority pursuant to Directive 2014/59/EU;

a subsidiary credit institution or a subsidiary financial holding company or mixed financial holding company that has been granted approval in accordance with this Article is designated as responsible for ensuring the group’s compliance with prudential requirements on a consolidated basis and is given all the necessary means and legal authority to discharge those obligations in an effective manner;

the financial holding company or mixed financial holding company does not engage in taking management, operational or financial decisions affecting the group or its subsidiaries that are institutions or financial institutions;

there is no impediment to the effective supervision of the group on a consolidated basis.