# Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (Text with EEA relevance), Article 6: General principles

Extent: E+W+S+N.I.

1. Institutions shall comply with the obligations laid down in Part Two, and Part Three of this Regulation and in chapter 2 of the securitisation part of the PRA Rulebook, as that chapter has effect from time to time, on an individual basis.
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2. No institution which is either a subsidiary authorised and supervised in the United Kingdom, or a parent undertaking, and no institution included in the consolidation pursuant to Article 18, shall be required to comply with the obligations laid down in Articles 89, 90 and 91 on an individual basis.
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Source: https://www.legislation.gov.uk/eur/2013/575/article/6 (the official version)
Page: https://openlegislation.uk/eu-regulation-2013-575/article-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.