Updated 13/04/2024
In force

Version from: 09/01/2024
Amendments (2)
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Article 92a - Requirements for own funds and eligible liabilities for G-SIIs

Article 92a

Requirements for own funds and eligible liabilities for G-SIIs

1.  

Subject to Articles 93 and 94 and to the exceptions set out in paragraph 2 of this Article, institutions identified as resolution entities and that are G-SII entities shall at all times satisfy the following requirements for own funds and eligible liabilities:

(a) 

a risk-based ratio of 18 %, representing the own funds and eligible liabilities of the institution expressed as a percentage of the total risk exposure amount calculated in accordance with Article 92(3) and (4);

(b) 

a non-risk-based ratio of 6,75 %, representing the own funds and eligible liabilities of the institution expressed as a percentage of the total exposure measure referred to in Article 429(4).

2.  

The requirements laid down in paragraph 1 shall not apply in the following cases:

(a) 

within the three years following the date on which the institution or the group of which the institution is part has been identified as a G-SII;

(b) 

within the two years following the date on which the resolution authority has applied the bail-in tool in accordance with Directive 2014/59/EU;

(c) 

within the two years following the date on which the resolution entity has put in place an alternative private sector measure referred to in point (b) of Article 32(1) of Directive 2014/59/EU by which capital instruments and other liabilities have been written down or converted into Common Equity Tier 1 items in order to recapitalise the resolution entity without the application of resolution tools.