(1) An Authorised Person which is a member of a Financial Group must, subject to (2), ensure that the disclosures specified in App12 are made at Financial Group level.
(2) An Authorised Person which is a Subsidiary of
(a) a Financial Institution; or
(b) another Authorised Person which is in Category 1, 2 or 5;
which is already subject to equivalent public disclosure requirements, does not need to comply with the requirements in this Chapter to the extent that it meets those equivalent public disclosure requirements.