(a)
CRR
the CIU is managed by a company that is subject to supervision in a Member State or, in the case of third country CIU, where the following conditions are met: the CIU is managed by a company which is subject to supervision that is considered equivalent to that laid down in Union law; cooperation between competent authorities is sufficiently ensured;
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Source: EUR-Lex (Cellar) · retrieved 2026-09-25 · Text as adopted (Official Journal); later amendments are not incorporated in this text.