Complex sentence: Dependent territories such as Curaçao, the Faroe Islands, Gibraltar, Macau and New Caledonia can no longer be recognised by the IOC, and athletes from those territories can only participate in the Olympics as part of their parent nation's national team.
Split into simpler sentences: Dependent territories such as Curaçao, the Faroe Islands, Gibraltar, Macau and New Caledonia can no longer be recognised by the IOC. Athletes from those territories can only participate in the Olympics as part of their parent nation's national team.