Qualifying Infrastructure Equity Risk

Calculate the Qualifying Infrastructure Equity Risk Capital Requirement instantly.

Qualifying Infrastructure Project Equity Exposure

€

Infrastructure Equity Base Shock Factor

Infrastructure Equity SA Multiplier

Symmetric Adjustment

Qualifying Infrastructure Project Equity Exposure

€8 000 000

× (

Infrastructure Equity Base Shock Factor

30.0%

Infrastructure Equity SA Multiplier

0.77

Symmetric Adjustment

5.0%

) =

Qualifying Infrastructure Equity Risk Capital Requirement

€2 706 891

Qualifying Infrastructure Equity Risk Shock Impact

Shock charge

Retained value

Module	Shock	Pre-shock	Post-shock	Charge
Qualifying Infrastructure Project Equity Exposure	-33.8%	8 000 000 €	5 293 109 €	2 706 891 €

1Step 1

Applied Infrastructure Equity Shock

\textit{Applied Infrastructure Equity Shock} = \min(100, \max(0, \textit{Infrastructure Equity Base Shock Factor} + \textit{Infrastructure Equity SA Multiplier} \times \textit{Symmetric Adjustment}))

\begin{aligned}\textit{Applied Infrastructure Equity Shock} &= \min(100, \max(0, \textit{Infrastructure Equity Base Shock Factor} \\ &\quad + \textit{Infrastructure Equity SA Multiplier} \times \textit{Symmetric Adjustment}))\end{aligned}

2Step 2

Infrastructure Equity Shock Factor

\textit{Infrastructure Equity Shock Factor} = \min(1, \max(0, \textit{Applied Infrastructure Equity Shock}))

3Step 3

Qualifying Infrastructure Equity Risk Capital Requirement

\textit{Qualifying Infrastructure Equity Risk Capital Requirement} = \textit{Qualifying Infrastructure Project Equity Exposure} \times \textit{Infrastructure Equity Shock Factor}

Understand the Qualifying Infrastructure Equity Risk

Overview

Article 169 defines the qualifying infrastructure equity shock branch within equity risk.^[1]

Qualifying infrastructure project equity is separated because Article 168 links preferential treatment to the project-entity criteria rather than to the ordinary Type 2 equity category. Article 169 applies a shock equal to 30% plus 77% of the symmetric adjustment to qualifying infrastructure equities other than strategic or long-term equity investments.^[2]^[1] Under Article 87, Basic Own Funds are defined as the excess of assets over liabilities both valued on a market-consistent basis, where qualifying subordinated liabilities are excluded from the liability figure.^[3] A full undertaking-specific BOF impact may therefore require recalculating technical provisions under Article 83.

Article 83 mandates that the following assumptions apply in any standard formula scenario-based module or sub-module calculation: * The risk margin does not change. * Deferred tax assets and liabilities do not change. * Future discretionary benefits do not change. * Management actions during the scenario are not reflected.

This page does not model any liability-side response, Article 84 look-through, infrastructure qualification, strategic-equity evidence, long-term-equity eligibility, or equity-risk aggregation. The input exposure should already be the qualifying infrastructure equity amount that remains after strategic and long-term equity branches have been carved out.

Input Terms

Qualifying Infrastructure Project Equity Exposure: The value of qualifying infrastructure equity exposure that should receive the standard infrastructure project equity shock.^[2]^[1]
Infrastructure Equity Base Shock Factor: The Article 169 base shock for qualifying infrastructure project equity exposure, defaulting to 30%.^[1]
Infrastructure Equity SA Multiplier: The Article 169 multiplier applied to the symmetric adjustment for qualifying infrastructure project equity exposure, defaulting to 0.77.^[1]
Symmetric Adjustment: The Article 172 symmetric adjustment, expressed in percentage points and supported by official EIOPA technical information for the reporting date.^[4]

Technical Rationale

The Article 169 qualifying infrastructure project branch keeps infrastructure qualification and symmetric-adjustment scaling visible because both affect whether the preferential calibration is available. The regulatory defaults produce a lower base shock than ordinary Type 2 equity, but only for exposure that remains after strategic and long-term equity branches have been excluded.

Important Notes

Qualification not modelled here: This page assumes the exposure has already been confirmed as qualifying infrastructure project equity.
Symmetric adjustment source: The Article 172 value should be supported by official EIOPA technical information for the reporting date.
Preferential branches excluded: Strategic and long-term equity infrastructure exposures use the 22% preferential branch instead of this standard infrastructure shock.
Branch boundary: This page does not model any liability-side response and is not a complete equity SCR calculation by itself.
Reporting: The displayed result is intended to support the corresponding equity-risk component for the S.25.01.01 standard-formula reporting view.^[5]

Sources

Default values are illustrative sample inputs for navigation, training, and QA. Replace them with controlled data before using the result in capital analysis, governance, or reporting decisions.