S.L. 330.6 Art. 26Application of the JointGuidelineson the convergence of supervisory practices.

For the better carrying out of the provisions of these regulations, the competent authority shall apply the Joint

Guidelines on the convergence of supervisory practices relating to the consistency of supervisory coordination arrangements for financial conglomerates [JC/GL/2014/01] issued jointly by the

European Banking Authority, the European Securities and Markets Authority and the European Insurance and Occupational Pensions Authority. FIRST SCHEDULE

Capital Adequacy (Regulation 6) The calculation of the supplementary capital adequacy requirements regulated entities in a financial conglomerate referred to in regulation carried out in accordance with the technical principles and one of described in this Schedule.

Without prejudice to the provisions (A) and (B), the Authority, when coordinator with regard to a particular financial conglomerate, shall consultation with the other relevant competent authorities and conglomerate itself, which method shall be applied by that financial conglomerate.

(A) Where a financial conglomerate is headed by a regulated entity Malta, the Authority may determine which particular method among those in this Schedule shall be used for the purpose of the calculation; and

(B) Where a financial conglomerate is not headed by a regulated method among those described in this Schedule shall be used for the calculation. I. Technical principles