Article 128
Definitions
For the purpose of this Chapter, the following definitions shall apply:
(1) |
‧capital conservation buffer‧ means the own funds that an institution is required to maintain in accordance with Article 129; |
(2) |
‧institution-specific countercyclical capital buffer‧ means the own funds that an institution is required to maintain in accordance with Article 130; |
(3) |
‧G-SII buffer‧ means the own funds that are required to be maintained in accordance with Article 131(4); |
(4) |
‧O-SII buffer‧ means the own funds that may be required to be maintained in accordance with Article 131(5); |
(5) |
‧systemic risk buffer‧ means the own funds that an institution is or may be required to maintain in accordance with Article 133; |
(6) |
‧combined buffer requirement‧ means the total Common Equity Tier 1 capital required to meet the requirement for the capital conservation buffer extended by the following, as applicable:
|
(7) |
‧countercyclical buffer rate‧ means the rate that institutions must apply in order to calculate their institution-specific countercyclical capital buffer, and that is set in accordance with Article 136, Article 137 or by a relevant third-country authority, as the case may be; |
(8) |
‧domestically authorised institution‧ means an institution that has been authorised in the Member State for which a particular designated authority is responsible for setting the countercyclical buffer rate; |
(9) |
‧buffer guide‧ means a benchmark buffer rate calculated in accordance with Article 135(1). |
This Chapter shall not apply to investment firms that are not authorised to provide the investment services listed in points 3 and 6 of Section A of Annex I to Directive 2004/39/EC.