(14)Equivalent and appropriate supplementary supervisory arrangements can only be assumed to exist if the third-country supervisory authorities have agreed to cooperate with the competent authorities concerned on the means and objectives of exercising supplementary supervision of the regulated entities of a financial conglomerate.
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New version applies from 13/04/2005 — introduced by Directive 2005/1/EC.
58 provisions change.
Later versions: 21/03/2008, 04/01/2011, 09/12/2011, 17/07/2013, 01/01/2014, 26/06/2021, 09/01/2024, 30/01/2027.
Recital 14 changes in this version: compare with the current text.