Qualifying eligible liabilities instruments
Liabilities issued by a subsidiary established in the Union that belongs to the same resolution group as the resolution entity shall qualify for inclusion in the consolidated eligible liabilities instruments of an institution subject to Article 92a, provided that all the following conditions are met:
they are issued in accordance with point (a) of Article 45f(2) of Directive 2014/59/EU;
they do not exceed the amount determined by subtracting the amount referred to in point (i) from the amount referred to in point (ii):
the amount required in accordance with Article 45f(1) of Directive 2014/59/EU.