Article 18 › 4
CRR
The consolidating supervisor shall require the proportional consolidation according to the share of capital held of participations in institutions and financial institutions managed by an undertaking included in the consolidation together with one or more undertakings not included in the consolidation, where those undertakings' liability is limited to the share of the capital they hold.
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Source: EUR-Lex CELLAR · retrieved 2026-09-04