(1) Except as provided by Regulations 11 and 24, these Regulations apply only to -
(a) institution whose head offices are located in Member States,
(b) the branches of those institutions located in those Member States, subject to the conditions and exemptions set out in Article 2 of the Capital Requirements Directive,
(c) investment firms, as defined in point (2) of Article 4(1) of Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013, and their branches located in another Member State,
(d) in the event of application of the resolution tools and exercise of the resolution powers provided for in Directive 2014/59/EU of the European Parliament and of the Council [OJ No. L 173, 12.06.2014, p. 190], these Regulations shall also apply to the financial institutions, firms and parent undertakings falling within the scope of that Directive,
(e) Regulations 8 and 10 shall not apply where Article 83 of the Directive referred to in subparagraph (d) applies, and
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