Question

What is the concentration policy regarding an Upper Layer entity’s equity investment in an insurance company?

A It is unconditionally capped at a flat 10% of total Tier-I capital
B It is completely prohibited for all systemic Upper Layer entities
C It is exempted from large exposure framework constraints to the extent specifically permitted in writing by the central regulator
D It is subjected to the standard 20% single counterparty restriction with zero exceptions
E It is evaluated exclusively under economic interdependence criteria
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