SS15/13 - Groups

First published 19 December 2013

This supervisory statement is aimed at firms to which CRD IV applies at a consolidated level.

• its approach to consolidation, in particular individual consolidation (CRR Article 9) and the method of consolidation for entities falling within CRR Article 18(5); and
• excluding certain entities from consolidation (CRR Article 19(2)).

This statement should be read in conjunction with the CRR articles listed, the requirements in the Groups Part of the PRA Rulebook and the high-level expectations outlined in the PRA’s approach to banking supervision.

Current version

Confirmed as final in October 2021, following near-final future version published July 2021. Effective from 1 January 2022.

• Supervisory Statement 15/13 – January 2022 (pdf)

Confirmed final by PS22/21 ‘Implementation of Basel standards’. First published as near-final as part of PS17/21 ‘Implementation of Basel standards’.

Past versions