(1) The Bank may exercise its powers under financial services legislation to carry out within the State, either directly or through the intermediary of persons whom it appoints for that purpose, on-site verification of the information referred to in Regulation 255 on the premises of any of the following:
(a) the insurance undertaking or reinsurance undertaking subject to group supervision;
(b) related undertakings of that insurance undertaking or reinsurance undertaking;
(c) parent undertakings of that insurance undertaking or reinsurance undertaking;
(d) related undertakings of a parent undertaking of that insurance undertaking or reinsurance undertaking.
(2) Where the Bank wishes in specific cases to verify the information concerning an undertaking, whether regulated or not, which is part of a group and is situated in another Member State, it shall ask the supervisory authorities of that other Member State to have the verification carried out.
…