Regulation 22
(1) The following regulated entities must be subject to supplementary supervision at the level of the financial conglomerate in accordance with -
(a) Chapter 3 of the FCA General Prudential sourcebook,
(b) Chapter 12 of the FCA Senior arrangements, Systems and Controls sourcebook, and
(c) the Financial Conglomerates part of the PRA Rulebook.
(2) The regulated entities are -
(a) every regulated entity which is at the head of a financial conglomerate;
(b) every regulated entity, the parent undertaking of which is a mixed financial holding company which has its head office in the United Kingdom;
(c) every regulated entity linked with another financial sector entity by a common management relationship (within the meaning of article 4(1)(38A) of the capital requirement regulation).