EBU Single Rulebook Q&A 12 January 2024 2023_6932 Ability of the Share Premium to absorb losses

Can the Share Premium be recognised as CET1 capital if there are features preventing its use to absorb losses? Article 26(1) CRR provides that items included in points (c) to (f) of the same paragraph can be recognised as Common Equity Tier 1 (CET1) only where they are available to the institution for unrestricted and immediate use to cover risks or losses as soon as these occur.