emendrix

Art. 92b

Capital Requirements Regulation · 32013R0575 · every event for this act · on EUR-Lex

3 changes recorded across 3 events, newest first.

in force 2023-06-28 INSERTED±0

Amended by Regulation (EU) 2019/876 32019R0876

applies from: unknown

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in force 2020-12-28 INSERTED

Amended by Regulation (EU) 2019/876 32019R0876

applies from: unknown

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in force 2019-06-27 INSERTED

Amended by Regulation (EU) 2019/876 32019R0876

applies from: unknown (an inserted provision states its own application date only in prose)

A new Article 92b has been added, setting an own funds and eligible liabilities requirement for institutions that are material subsidiaries of non-EU G-SIIs and are not resolution entities, fixed at 90% of the requirement laid down in Article 92a.

It further specifies that Additional Tier 1, Tier 2 and eligible liabilities instruments only count toward that requirement if owned by the ultimate parent of the non-EU G-SII and issued through entities established in the same third country as that parent or in a Member State, and it sets additional ranking and write-down/conversion conditions that eligible liabilities instruments must meet.

Cited: Art. 92b, v2

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