Subsection 3: Intermediary parent companies

For the purposes of determining the threshold of 40 billion euros set out in Article L. 517-11, the total value of the assets in the European Union of a group whose parent undertaking is established in a third country is the sum of the following elements: 1° The total value of the assets of each establishment in the European Union of the group, as shown in its consolidated balance sheet…

For all groups operating on French territory and whose parent undertaking is established in a third country, the Autorité de contrôle prudentiel et de résolution shall notify the European Banking Authority: a) The names and total value of the assets of the institutions that belong to one of these groups; b) The names and total value of the assets of the authorised branches of these groups, as well as the…