Article 261 - Parent undertakings outside the Community: equivalence

1. 1. In the event of equivalent supervision referred to in Article 260, Member States shall rely on the equivalent group supervision exercised by the third-country supervisory authorities, in accordance with paragraph 2.

2. 2. Articles 247 to 258 shall applymutatisapply mutatis mutandis to the cooperation with third-country supervisory authorities.