2021-12-07

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Compliance with EBA Guidelines on the supervision of the threshold and other procedural aspects concerning the establishment of intermediate parent companies (EBA/GL/2021/08)

The French Prudential Supervision and Resolution Authority (ACPR) has formally declared compliance with European Banking Authority Guidelines EBA/GL/2021/08 concerning threshold supervision and procedural requirements for establishing intermediate parent companies in the Union. These guidelines take effect on 31 December 2021 and apply to ACPR-supervised branches and subsidiaries of third-country groups, encompassing financial holding companies, mixed financial holding companies, investment holding companies, credit institutions, and investment firms. All covered entities must implement all necessary measures to ensure full compliance with these requirements in accordance with Article 16 of Regulation (EU) No 1093/2010.

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Regulation (EU) No 1093/2010 of…2010Regulation (EU) No 1093/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority (European Banking Authority), amending Decision No 716/2009/EC and repealing Commission Decision 2009/78/EC (2010-11-24)Compliance with EBA Guidelineson the supervision of the thr…2021-12-07 · this documentCompliance with EBA Guidelines on the supervision of the threshold and other procedural aspects concerning the establishment of intermediate parent companies (EBA/GL/2021/08) (2021-12-07)
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Source: Autorite de Controle Prudentiel et de Resolution — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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