CRR Tool
Capital Requirements Regulation (CRR)
Article 55

Article 55 - Consequences of the conditions for Additional Tier 1 instruments ceasing to be met

Status
In force
Selected consolidated version from
30/09/2021
Search all articles and keywords within this legal act

Article 55

Consequences of the conditions for Additional Tier 1 instruments ceasing to be met

The following shall apply where, in the case of an Additional Tier 1 instrument, the conditions laid down in Article 52(1) cease to be met:

(a) 

that instrument shall immediately cease to qualify as an Additional Tier 1 instrument;

(b) 

the part of the share premium accounts that relates to that instrument shall immediately cease to qualify as an Additional Tier 1 item.



Related documents