Article 241 Subsidiaries of an insurance or reinsurance undertaking: delegated actsF1

The Commission shall adopt delegated acts in accordance with Article 301a specifying:

1. (a)

   the criteria for assessing whether the conditions stated in Article 236 are satisfied;

2. (b)

   the criteria for assessing what should be considered an emergency situation under Article 239(2);

3. (c)

   the procedures to be followed by supervisory authorities when exchanging information, exercising their rights and fulfilling their duties in accordance with Articles 237 to 240.