Article 32c | Delegated Regulation 241/2014

CHAPTER II - ELEMENTS OF OWN FUNDS AND ELIGIBLE LIABILITIES (Article 2-19)

CHAPTER III - ADDITIONAL TIER 1 AND TIER 2 CAPITAL AND ELIGIBLE LIABILITIES (Article 20-24a)

CHAPTER IV - GENERAL REQUIREMENTS (Article 25-33)

SECTION 1 - Indirect holdings arising from index holdings (Article 25-26)

SECTION 2 - Permission for reducing own funds and eligible liabilities (Article 27-32i)

Subsection 1 - Supervisory permission for reducing own funds (Article 27-32)

Subsection 2 - Permission for reducing eligible liabilities instruments (Article 32a-32i)Article 32a - Meaning of sustainable for the income capacity of the institution for the purposes of Article 78a (1), point (a), of Regulation (EU) No 575/2013 Article 32b - Process requirements, including the limits and procedures for an application by an institution to reduce eligible liabilities instruments pursuant to Article 77(2) of Regulation (EU) No 575/2013 Q&A Article 32c - Submission by the institution of an application to reduce eligible liabilities instruments pursuant to Article 77(2) of Regulation (EU) No 575/2013 Article 32d - Content of the application to be submitted by the institution for the purposes of Article 77(2) of Regulation (EU) No 575/2013 Article 32e - Additional information to be submitted with the application for a general prior permission for actions listed in Article 77(2) of Regulation (EU) No 575/2013 Article 32f - Information to be submitted with an application for a renewal of a general prior permission for actions listed in Article 77(2) of Regulation (EU) No 575/2013 Article 32g - Timing of the application to be submitted by the institution and processing of the application by the resolution authority for the purposes of Article 77(2) of Regulation (EU) No 575/2013 Article 32h - Simplified requirements for institutions for which the resolution authority has set the minimum requirement for own funds and eligible liabilities laid down in Article 45(1) of Directive 2014/59/EU at a level that does not exceed an amount sufficient to absorb losses Article 32i - Process of cooperation between the competent authority and the resolution authority when granting the permission referred to in Article 78a of Regulation (EU) No 575/2013

SECTION 3 - Temporary waiver from deduction from own funds and eligible liabilities (Article 33)

CHAPTER V - MINORITY INTEREST AND ADDITIONAL TIER 1 AND TIER 2 INSTRUMENTS ISSUED BY SUBSIDIARIES (Article 34-34a)

CHAPTER Va - OWN FUNDS BASED ON FIXED OVERHEADS (Article 34b-34d)

CHAPTER VI - SPECIFICATION OF THE TRANSITIONAL PROVISIONS OF REGULATION (EU) No 575/2013 IN RELATION TO OWN FUNDS (Article 35-37)

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Article 32c - Submission by the institution of an application to reduce eligible liabilities instruments pursuant to Article 77(2) of Regulation (EU) No 575/2013

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