Question ID
2026_7914
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Supervisory reporting - FINREP (incl. FB&NPE)
Article
430
Paragraph
9
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Regulation (EU) 2024/3117 - ITS on supervisory reporting of institutions
Article/Paragraph
11
Type of submitter
Credit institution
Subject matter
Direct/indirect method
Question

For the purpose of reporting its “Accumulated equity interest [%]” and respectively the “Voting rights [%]” in respect of S2, should P use (a) P’s own indirect controlling interest of 48% (80% * 60%) or (b) S1’s direct controlling interest of 60%?

Background on the question

The parent entity P has a controlling interest of 80% in its subsidiary S1, which further has a controlling interest of 60% in its subsidiary S2. The mentioned percentages reflect both the related accumulated equity interest and the related voting rights.

Submission date
Final publishing date
Final answer

Assuming that the submitter is referring to the template F 40.01 included in Annex I to Commission Implementing Regulation (EU) 2024/3117, the reporting of 'Accumulated equity interest %' and 'Voting rights % in this template refers to the relationship between the reporting institution and its investees.

In the example provided, if the reporting institution is the parent entity P, it will report its 'Accumulated equity interest %' and 'Voting rights %' towards the subsidiary S 1 and towards the subsidiary S2 (for the latter using the indirect method).

Regarding the reporting of 'Accumulated equity interest %' in template F 40.02, please refer to the Q&A 2024_7222 published on the EBA website.

Status
Final Q&A
Answer prepared by
Answer prepared by the EBA.

Disclaimer

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