(60)
Article 241 is replaced by the following: ‘Article 241 Subsidiaries of an insurance or reinsurance undertaking: delegated acts The Commission shall adopt delegated acts in accordance with Article 301a specifying: (a) the criteria for assessing whether the conditions stated in Article 236 are satisfied; (b) the criteria for assessing what should be considered an emergency situation under Article 239(2); (c) the procedures to be followed by supervisory authorities when exchanging information, exercising their rights and fulfilling their duties in accordance with Articles 237 to 240.’;
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Source: EUR-Lex (Cellar) · retrieved 2026-10-20 · Text as adopted (Official Journal); later amendments are not incorporated in this text.