This Regulation lays down rules regarding:
the establishment of a more precise formulation of the definitions of "intra-group transactions" and "risk concentration" set out in the Glossary to the PRA Rulebook and in the FCA Handbook Glossary of definitions by laying down criteria for assessing when they are of a significant character
the coordination of the UK legislation implementing Articles 7 and 8 and Annex II of Directive 2002/87/EC with respect to:
the information to be provided by regulated entities or mixed financial holding companies to the coordinator and the other regulator for the purpose of supervisory overview of risk concentration and intra-group transaction;
the methodology to be applied by the coordinator and the other regulator for the purposes of identifying types of significant risk concentration and intra-group transactions;
any quantitative limits or other supervisory measures which would achieve the objectives of supplementary supervision, with regard to any risk concentration at the level of a financial conglomerate.
any quantitative limits and qualitative requirements or other supervisory measures that would achieve the objectives of supplementary supervision, with regard to intra-group transactions of regulated entities within a financial conglomerate.