(d)

the subsidiary institutions referred to in point (c) of this subparagraph meet all of the following conditions: they qualify, or the vast majority of them qualify, as mutuals, cooperative societies or savings institutions in accordance with Article 27(1), point (a), of Regulation (EU) No 575/2013 and the applicable national law includes a cap or restriction on the maximum level of distributions; on an individual or sub-consolidated basis, their total assets do not exceed EUR 30 billion.’

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Source: EUR-Lex CELLAR · retrieved 2026-09-04 · Text as adopted (Official Journal); later amendments are not incorporated in this text.