1. The competent authority shall, before granting authorisation to a credit institution, consult the competent authorities of the other Member State involved in the following cases:
(a) the credit institution concerned is a subsidiary of a credit institution authorised in another Member State;
(b) the credit institution concerned is a subsidiary of the parent undertaking of a credit institution authorised in another Member State; or
(c) the credit institution concerned is controlled by the same persons, whether natural or legal, as control a credit institution authorised in another Member State.
2. The competent authority shall, before granting authorisation to a credit institution, consult the competent authority of a Member State involved, responsible for the supervision of insurance undertakings or investment firms in the following cases:
(a) the credit institution concerned is a subsidiary of an insurance undertaking or investment firm authorised in the Community;