Article 19 (entities excluded from the scope of prudential consolidation)
This section has no associated Explanatory Memorandum
78. In Article 19 (entities excluded from the scope of prudential consolidation)—
(a)in paragraph 2, from the beginning to “Directive 2013/36/EU” substitute “The consolidating supervisor”;
(b)in paragraph 2(c), for “the competent authorities responsible for exercising supervision on a consolidated basis” substitute “the consolidating supervisor”.