EBU Single Rulebook Q&A 28 April 2017 2017_3277 Clarification of the conditions for reduction of own funds due to Article 77 CRR and Article 28 RTS on Own funds.

Should deductions from own funds with regard to a permission to reduce own funds in accordance with Article 77 of Regulation (EU) No 575/2013 (CRR) be made right after the permission from the competent authority (CA) is granted or could it be later at the time of the institution’s public announcement in accordance with Article 28 (2) of the RTS on Own Funds?