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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.

In force

Version from: 08/07/2022

Amendment History