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2402 ⬅️ | ➑️ Article 15 – Requirements on the allocation of cash flows and losses to the retained interest and on fees payable to the retainer

ArticleΒ 14 - Retention on a consolidated basis

Mixed financial holding companies as defined in Article 2, point (15), of Directive 2002/87/EC of the European Parliament and of the Council

, parent institutions, or financial holding companies, that are established in the Union and that satisfy the requirements referred to in 2017 on the basis of their consolidated situation in accordance with paragraph 4 of that Article shall, where the retainer is no longer included in the scope of supervision on a consolidated basis, ensure that one or more of the remaining entities included in the scope of supervision on a consolidated basis fulfils the retention requirement.