| (1) | The power of the Prudential Authority to make prudential standards extends to making prudential standards that must be complied with by holding companies of financial conglomerates. |
| (b) | the governance and management arrangements for holding companies of financial conglomerates; |
| (c) | reporting of information about companies within financial conglomerates that are not financial institutions; and |
| (d) | reducing or managing risks to the safety and soundness of an eligible financial institution arising from the other members of the financial conglomerate. |
[Section 164 came into effect on 1 March 2019 by section (f) of Notice No. 169 of 2018, GG 41549, dated 29 March 2018]
