Status: You are viewing the version of the handbook as on 2009-03-31.

non-EEA sub-group

    2019a group of undertakings identified as a non-EEA sub-group in BIPRU 8.3.1R (Main consolidation rule for non-EEA sub-groups); however where the provision in question refers to a non-EEA sub-group20 in another EEA State it means a group of undertakings identified in Article 73(2) of the Banking Consolidation Directive (Non-EEA sub-groups) required to be supervised on a consolidated basis under Article 73(2) of the Banking Consolidation Directive by a competent authority in that EEA State.