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Article 1 - Entities subject to the comprehensive assessment

Article 1
Entities subject to the comprehensive assessment

1. The entities listed in the Annex shall be subject to the comprehensive assessment to be carried out by the ECB by 3 November 2014.

2. In accordance with Article 33(4) of Regulation (EU) No 1024/2013, the national competent authority responsible for the supervision of a credit institution listed in the Annex shall submit all information of relevance to the comprehensive assessment that the ECB requests in relation to that credit institution. The national competent authority shall verify the information as it deems appropriate for the exercise, including, when necessary, on-site inspections and, if appropriate, with the involvement of third parties.

3. The national competent authority responsible for supervision of subsidiaries in a group that is subject to consolidated supervision within the Single Supervisory Mechanism shall be in charge of this verification for the subsidiaries authorised in its Member State.

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