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Directive 2002/87/EC of the European Parliament and of the CouncilShow full title

Directive 2002/87/EC of the European Parliament and of the Council of 16 December 2002 on the supplementary supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate and amending Council Directives 73/239/EEC, 79/267/EEC, 92/49/EEC, 92/96/EEC, 93/6/EEC and 93/22/EEC, and Directives 98/78/EC and 2000/12/EC of the European Parliament and of the Council

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  1. Introductory Text

  2. CHAPTER I OBJECTIVE AND DEFINITIONS

    1. Article 1. Subject matter

    2. Article 2. Definitions

    3. Article 3.Thresholds for identifying a financial conglomerate

    4. Article 4.Identifying a financial conglomerate

  3. CHAPTER II SUPPLEMENTARY SUPERVISION

    1. SECTION 1 SCOPE

      1. Article 5.Scope of supplementary supervision of regulated entities referred to in Article 1

    2. SECTION 2 FINANCIAL POSITION

      1. Article 6.Capital adequacy

      2. Article 7.Risk concentration

      3. Article 8.Intra-group transactions

      4. Article 9.Internal control mechanisms and risk management processes

    3. SECTION 3 MEASURES TO FACILITATE SUPPLEMENTARY SUPERVISION AND POWERS OF THE JOINT COMMITTEE

      1. Article 9a. Role of the Joint Committee

      2. Article 9b. Stress testing

      3. Article 10.Competent authority responsible for exercising supplementary supervision (the coordinator)

      4. Article 11.Tasks of the coordinator

      5. Article 12.Cooperation and exchange of information between competent authorities

      6. Article 12a. Cooperation and exchange of information with the Joint Committee

      7. Article 12b. Common guidelines

      8. Article 13.Management body of mixed financial holding companies

      9. Article 14.Access to information

      10. Article 15.Verification

      11. Article 16.Enforcement measures

      12. Article 17.Additional powers of the competent authorities

    4. SECTION 4 THIRD COUNTRIES

      1. Article 18. Parent undertakings in a third country

      2. Article 19. Cooperation with third-country competent authorities

  4. CHAPTER III DELEGATED ACTS AND IMPLEMENTING MEASURES

    1. Article 20. Powers conferred on the Commission

    2. Article 21.Committee

    3. Article 21a. Technical standards

    4. Article 21b. Common Guidelines

    5. Article 21c. Exercise of the delegation

  5. CHAPTER IV AMENDMENTS TO EXISTING DIRECTIVES

    1. Article 22. Amendments to Directive 73/239/EEC

    2. Article 23.Amendments to Directive 79/267/EEC

    3. Article 24. Amendments to Directive 92/49/EEC

    4. Article 25.Amendments to Directive 92/96/EEC

    5. Article 26.Amendments to Directive 93/6/EEC

    6. Article 27.Amendments to Directive 93/22/EEC

    7. Article 28. Amendments to Directive 98/78/EC

    8. Article 29.Amendments to Directive 2000/12/EC

  6. CHAPTER V ASSET MANAGEMENT COMPANIES

    1. Article 30.Asset management companies

    2. Article 30a. Alternative investment fund managers

  7. CHAPTER VI TRANSITIONAL AND FINAL PROVISIONS

    1. Article 31.Report by the Commission

    2. Article 32.Transposition

    3. Article 33.Entry into force

    4. Article 34.Addressees

    1. ANNEX I

      CAPITAL ADEQUACY

      1. The calculation of the supplementary capital adequacy requirements of the...

      2. Without prejudice to the provisions of the next paragraph, Member...

      3. Member States may require that the calculation be carried out...

      4. I. Technical principles

        1. 1. Extent and form of the supplementary capital adequacy requirements calculation...

        2. 2. Other technical principles

      5. II. Technical calculation methods

        1. Method 1: ‘Accounting consolidation’ method

        2. Method 2: ‘Deduction and aggregation’ method

        3. Method 3: ‘Combination method’

    2. ANNEX II

      TECHNICAL APPLICATION OF THE PROVISIONS ON INTRA-GROUP TRANSACTIONS AND RISK CONCENTRATION

      1. The coordinator, after consultation with the other relevant competent authorities,...

      2. When overviewing the intra-group transactions and risk concentrations, the coordinator...

      3. Member States may allow their competent authorities to apply at...

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