Legal persons to whom the requirement to comply with reporting requirements under Article 54 of the IFR on a consolidated basis applies.

Article 7 of Regulation (EU) 2019/2033 (IFR) states that Union parent investment firms, Union parent investment holding companies and Union parent mixed financial holding companies shall comply, among others, with the obligations laid down in Part Seven, that deals with supervisory reporting, on the basis of their consolidated situation.   Article 4 of the Commission Implementing Regulation (EU) 2021/2284 lays out the requirements for the consolidated reporting referred to in Article 54 of the IFR. The article, in line with the rest of that delegated regulation, refers generically to investment firms.  Commission Implementing Regulation (EU) 2021/2284 lays down implementing technical standards for the application of provisions pertaining to supervisory reporting and disclosures of investment firms, thus it is meant to provide templates and instructions aimed at fulfilling the obligations set out in Art. 54 of the IFR, and does not provide a different interpretation of that Regulation.   In light of the above, Article 4 of the Commission Implementing Regulation (EU) 2021/2284 should be intended as referring to “Union parent investment firms, Union parent investment holding companies and Union parent mixed financial holding”, thus the obligation to comply with Part Seven of the IFR on the basis of their consolidated situation rests with the Union parent investment firms, Union parent investment holding companies or Union parent mixed financial holding companies.