EBU Single Rulebook Q&A 3 July 2013 2013_17 Grandfathering of own funds instruments

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European Union · · · 31-10-2013

Where an Additional Tier 1 (AT1) instrument qualified as original own funds according to Article 154(9) of Directive 2006/48/EC with the excess amount considered as part of the additional own funds, will the excess amount be included in the base used to calculate the cap for AT1 items during the transitional period under Regulation (EU) No 575/2013 (CRR)?

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