(58) Når et kreditinstitut indgår engagementer med sit moderselskab eller med andre datterselskaber af dette moderselskab, bør forsigtigheden skærpes; alle kreditinstitutters engagementer bør forvaltes autonomt i overensstemmelse med god bankpraksis og helt uafhængigt af ethvert andet hensyn; i nærværende direktiv er det fastsat, at dersom personer, der direkte eller indirekte besidder en kvalificeret andel af et kreditinstituts kapital, gør deres indflydelse gældende på en måde, der vil kunne skade en sund og forsigtig ledelse af instituttet, skal de kompetente myndigheder træffe de fornødne foranstaltninger til at bringe denne situation til ophør; der bør desuden opstilles særlige regler for et kreditinstituts store engagementer med andre virksomheder inden for samme koncern, og disse regler bør være strengere end for andre engagementer; de skærpede regler bør dog ikke gælde, når moderselskabet er et finansieringsselskab eller et kreditinstitut, og når de andre datterselskaber er kreditinstutter, finansieringsinstitutter eller virksomheder, der udøver accessorisk bankvirksomhed, når de alle indgår i et konsolideret tilsyn med kreditinstituttet; i så fald giver det konsoliderede tilsyn med hele koncernen tilstrækkelig sikkerhed for et effektivt tilsyn, uden at det er nødvendigt at fastsætte strengere normer for risikobegrænsning; dette vil samtidig kunne tilskynde bankkoncernerne til at organisere sig på en sådan måde, at tilsynet med dem kan foregå på et konsolideret grundlag, hvilket er en ønskelig udvikling, da det åbner mulighed for et mere fuldstændigt tilsyn.
(58) When a credit institution incurs an exposure to its own parent undertaking or to other subsidiaries of its parent undertaking, particular prudence is necessary. The management of exposures incurred by credit institutions must be carried out in a fully autonomous manner, in accordance with the principles of sound banking management, without regard to any considerations other than those principles. The provision of this Directive require that where the influence exercised by persons directly or indirectly holding a qualifying participation in a credit institution is likely to operate to the detriment of the sound and prudent management of that institution, the competent authorities shall take appropriate measures to put an end to that situation. In the field of large exposures, specific standards should also be laid down for exposures incurred by a credit institution to its own group, and in such cases more stringent restrictions are justified than for other exposures. More stringent restrictions need not, however be applied where the parent undertaking is a financial holding company or a credit institution or where the other subsidiaries are either credit or financial institutions or undertakings offering ancillary banking services, provided that all such undertakings are covered by the supervision of the credit institution on a consolidated basis. In such cases the consolidated monitoring of the group of undertakings allows for an adequate level of supervision, and does not require the imposition of more stringent limits on exposure. Under this approach banking groups will also be encouraged to organise their structures in such a way as to allow consolidated monitoring, which is desirable because a more comprehensive level of monitoring is possible.