For the reporting of intragroup equity stakes, financial conglomerates shall report the value that is used for the calculation of own funds or solvency requirements under the sectoral rules that apply to the parent undertaking which holds the equity stake (i.e. the “investor”).
For instance, in case of a credit institution, the equity stake held in its insurance subsidiary shall be reported on the basis of the value that is used for applying regulation (EU) 575 / 2013 relevant provisions, i.e. applying the equity method or the alternative method that is applied in accordance with article 18(7) of this regulation. When the direct parent undertaking is not subject to sectoral requirements on its individual basis, the value to reported shall be the value used at the level of the parent which is subject to prudential requirements.