Article 241
Subsidiaries of an insurance or reinsurance undertaking: delegated acts
The Commission shall adopt delegated acts in accordance with Article 301a specifying:
(a)
the criteria for assessing whether the conditions stated in Article 236 are satisfied;
(b)
the criteria for assessing what should be considered an emergency situation under Article 239(2);
(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.