PART ONE GENERAL PROVISIONS

TITLE II LEVEL OF APPLICATION OF REQUIREMENTS

CHAPTER 2 Prudential consolidation

Section 3 Scope of prudential consolidation

Article 22 Sub-consolidation in cases of entities in third countries
Subsidiary institutions shall apply the requirements laid down in Articles 89 to 91 and Parts Three and Four on the basis of their sub-consolidated situation if those institutions, or the parent undertaking where it is a financial holding company or mixed financial holding company, have an institution or a financial institution as a subsidiary in a third country, or hold a participation in such an undertaking.
Substituted by Corrigendum to Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (OJ L 176, 27.6.2013, p. 1).