2
Basis of Application
2.1
A firm that is not a member of a consolidation group in relation to which 2.2 or 2.3 applies must comply with this Part on an individual basis.
- 01/01/2016
2.2
A firm that is a parent institution in a Member State must comply with this Part on the basis of its consolidated situation.
- 01/01/2016
2.3
A firm that is controlled by a parent financial holding company in a Member State or a parent mixed financial holding company in a Member State for which the PRA is responsible for supervision on a consolidated basis under Article 111 of the CRD must comply with this Part on the basis of the consolidated situation of that holding company.
- 01/01/2016
2.4
A ring-fenced body must comply with this Part on an RFB sub-consolidated basis whether or not under 2.2 or 2.3 it also applies to the ring-fenced body on a consolidated basis.
- 01/01/2019