Article 23

For the purposes of applying supervision on a consolidated basis in accordance with this Chapter, the terms 'investment firm', 'credit institution', financial institution', and 'institution' shall also apply to undertakings established in third countries, which, were they established in the Union, would fulfil the definitions of those terms in Article 4.

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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.