(b)

paragraph 2 is amended as follows: in the first subparagraph, point (b) is replaced by the following: ; information regarding the nomination of at least two persons effectively directing the financial holding company or mixed financial holding company and compliance with the criteria and requirements set out in Article 91(1);’ the second subparagraph is replaced by the following: ‘Where the approval or the exemption from approval of a financial holding company or mixed financial holding company referred to in paragraphs 3 and 4 of this Article takes place concurrently with the assessment carried out pursuant to Article 8, 22 or 27a, the competent authority for the purposes of those Articles shall coordinate, as appropriate, with the consolidating supervisor and, where different, the competent authority in the Member State where the financial holding company or mixed financial holding company is established. The assessment period referred to in Article 22(2), second subparagraph, or in Article 27a (6) shall be suspended until the procedure set out in this Article is complete.’ ;

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Source: EUR-Lex CELLAR · retrieved 2026-09-04 · Text as adopted (Official Journal); later amendments are not incorporated in this text.