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Recital 22

Recital 22

(22)To promote the consistency of supervisory decisions regarding a third-country group that has branches and subsidiaries across the Union, competent authorities should, when performing the assessment of systemic importance, consult EBA and competent authorities of the Member States where the relevant third-country group has established other third-country branches or subsidiary institutions, in order to assess the financial stability risks that the relevant third-country branch might pose for Member States other than the Member State where it is established.

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