X1PART ONEGENERAL PROVISIONS

Annotations:

TITLE IILEVEL OF APPLICATION OF REQUIREMENTS

CHAPTER 2Prudential consolidation

Section 3Scope of prudential consolidation

Article 22Sub-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.