S.L. 371.17 ст. 2FConsolidation in the case of other subsidiaries or participations.

Where a credit institution has a subsidiary which is an undertaking other than an institution, a financial institution or an ancillary services undertaking or holds a participation in such an undertaking, it shall apply to that subsidiary or participation the equity method. In such case, this method shall not constitute inclusion of the undertakings concerned in supervision on a consolidated basis: Provided that the competent authority may allow or require a credit institution to apply a different method to such subsidiaries or participations, including the method required by the applicable accounting framework, in accordance with points (a) to (c) of Article 18(7) of the CRR.