(1) A regulated entity that is within a financial conglomerate is subject to supplementary supervision to the extent and in the manner prescribed by these Regulations.

(2) The following regulated entities are, at the level of the financial conglomerate, subject to supplementary supervision in accordance with this Part and Parts 4 and 5:

(a) every regulated entity that is the head of a financial conglomerate;

(b) every regulated entity, the parent undertaking of which is a mixed financial holding company that has its head office within a Member State;

(c) every regulated entity linked with another financial sector entity by a relationship within the meaning of Article 12(1) of Directive 83/349/EEC.