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Version from: 01/01/2023
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Article 43 - Significant investment in a financial sector entity

Article 43

Significant investment in a financial sector entity

For the purposes of deduction, a significant investment of an institution in a financial sector entity shall arise where any of the following conditions is met:

(a) 

the institution owns more than 10 % of the Common Equity Tier 1 instruments issued by that entity;

(b) 

the institution has close links with that entity and owns Common Equity Tier 1 instruments issued by that entity;

(c) 

the institution owns Common Equity Tier 1 instruments issued by that entity and the entity is not included in consolidation pursuant to Chapter 2 of Title II of Part One but is included in the same accounting consolidation as the institution for the purposes of financial reporting under the applicable accounting framework.