Version status: Amended | Document consolidation status: Updated to reflect all known changes
Version date: 27 June 2019 - 25 June 2021
  Version 5 of 7  

Article 6 General principles

1. Institutions shall comply with the obligations laid down in Parts Two to Five and Eight on an individual basis.

1a. By way of derogation from paragraph 1 of this Article, only institutions identified as resolution entities that are also G-SIIs or that are part of a G-SII, and that do not have subsidiaries shall comply with the requirement laid down in Article 92a on an individual basis.

Material subsidiaries of a non-EU G-SII shall comply with Article 92b on an individual basis, where they meet all the following conditions:

(a) they are not resolution entities;

(b) they do not have subsidiaries;

(c) they are not the subsidiaries of an EU parent institution.

2. No institution which is either a subsidiary in the Member State where it is authorised and supervised, or a parent undertaking, and no institution included in the consolidation pursuant to Article 18, shall not be required to comply with the obligations laid down in Articles 89, 90 and 91 on an individual basis.

3. No institut