Part

Friendly Society - Asset Valuation

Chapter

Value of Non-Capital Interests in a Group Undertaking

Printed on: 29/04/2024

Rulebook at: 01/07/2016

6

Value of Non-Capital Interests in a Group Undertaking

6.1

A firm must notify the PRA of:

  1. (1) any affiliated company:
    1. (a) in which no participation is held by another affiliated company; and
    2. (b) which is not a subsidiary; but
    3. (c) which is linked by a consolidation Article 12(1) relationship with another affiliated company; and
  2. (2) the value of that affiliated company calculated in accordance with 5.
  • 01/01/2016