(b)

the instruments are not purchased or the subordinated loans are not granted, as applicable, by any of the following: the institution or its subsidiaries; an undertaking in which the institution has participation in the form of ownership, direct or by way of control, of 20 % or more of the voting rights or capital of that undertaking;

← art_63__point_a__text_1 · All articles · art_63__point_b__text_1 →

Source: EUR-Lex (Cellar) · retrieved 2026-09-25 · Text as adopted (Official Journal); later amendments are not incorporated in this text.