27 of 1943), to the extent to which the nominal value of those shares exceeds 49 percent of the nominal value of all the issued shares of such insurer.
3.2  The Regulations  Regulation 36 of the Regulations deals with the information that should accompany an application for permission to acquire subsidiaries, branch offices, other interests and representative offices of banks and controlling companies. 3.3  Core Principles  The Core Principles for Effective Banking Supervision were issued by the Basel Committee on Banking Supervision in 1997.