Recital 8

(8)Method 1 for calculating group solvency, as set out in Directive 2009/138/EC of the European Parliament and of the Council ⁴ and method 1 for calculating supplementary capital adequacy requirements, as set out in Directive 2002/87/EC should be considered equivalent since both methods are consistent with the main objectives of supplementary supervision. Both methods ensure the elimination of intra-group creation of own funds and the calculation of own funds in accordance with the definitions and limits established in the relevant sectoral rules.