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EEA prudential sectoral legislation

    21(in relation to a financial sector) requirements applicable to persons in that financial sector in accordance with EEA legislation about prudential supervision of regulated entities in that financial sector and so that:

      1. (a) (in relation to the banking sector and the investment services sector) in particular this includes the requirements laid down in the Banking Consolidation Directive and the Capital Adequacy Directive; and
      1. (b) (in relation to the insurance sector) in particular this includes requirements laid down in the First Non-Life Directive, the Consolidated Life Directive and the Insurance Groups Directive.