Updated 28/09/2023
In force

Version from: 28/06/2023
Amendments (1)
Delegated Regulation 241/2014
Specifies: Art. 77(1), 77(2)
Rejected Q&A 2019_4902
Submitted: 09/09/2019
Art. 77
Rejected Q&A 2019_4719
Submitted: 14/05/2019
Art. 77
Final Q&A 2020_5615
Published: 24/02/2023
Art. 77
Final Q&A 2014_1352
Updated: 26/03/2021
Published: 31/10/2014
Art. 77
Archived Q&A 2016_2808
Submitted: 28/06/2016
Updated: 26/03/2021
Art. 77
Final Q&A 2017_3277
Updated: 26/03/2021
Published: 28/07/2017
Art. 77
Final Q&A 2016_3076
Updated: 26/03/2021
Published: 14/07/2017
Art. 77
Final Q&A 2015_2094
Updated: 26/03/2021
Published: 05/02/2016
Art. 77
Final Q&A 2013_467
Updated: 26/03/2021
Published: 30/04/2014
Art. 77(1)
Final Q&A 2015_1815
Updated: 26/03/2021
Published: 05/06/2015
Art. 77(1)
Final Q&A 2017_3587
Updated: 26/03/2021
Published: 27/04/2018
Art. 77(1)
Final Q&A 2023_6791
Published: 15/09/2023
Art. 77(1), 77(2)
Rejected Q&A 2021_6031
Submitted: 08/06/2021
Art. 77(1)(b)
Final Q&A 2015_2042
Updated: 26/03/2021
Published: 25/09/2015
Art. 77(1)(c)
Geschäftsguthaben für Genossenschaften; 2021
Published: 01/01/2021
Art. 77(1)(a)
Geschäftsguthaben für Genossenschaften; 2019
Published: 01/01/2019
Art. 77(1)(a)
Geschäftsguthaben für Genossenschaften; 2023
Published: 01/01/2023
Art. 77(1)(a)
Geschäftsguthaben für Genossenschaften; 2020
Published: 01/01/2020
Art. 77(1)(a)
Geschäftsguthaben für Genossenschaften für 2022
Published: 01/01/2022
Art. 77(1)(a)
Anrechnung neu begebener Geschäftsanteile an Genossenschaftsbanken
Published: 01/01/2018
Art. 77(1)(a)
Genossenschaftsbanken: Allgemeinverfügung zu Instrumenten des harten Kernkapitals
Published: 05/01/2017
Art. 77(1)(a)
AV zur Verlängerung der AV vom 27. Dezember 2021
Published: 16/12/2022
Art. 77(2)
AV Erlaubnis gegenüber bestimmten Instituten in Bezug auf die Kündigung, Tilgung, Rückzahlung oder den Rückkauf berücksichtigungsfähiger Verbindlichkeiten vor deren vertraglicher Fälligkeit (2020)
Published: 27/12/2020
Art. 77(2)
AV Erlaubnis gegenüber bestimmten Instituten in Bezug auf die Kündigung, Tilgung, Rückzahlung oder den Rückkauf berücksichtigungsfähiger Verbindlichkeiten vor deren vertraglicher Fälligkeit (2021)
Published: 27/12/2021
Art. 77(2)
BaFin Page
Published: 01/01/2022
Art. 26,77,78
Decision 2018/546
Art. 77
Decision 2021/1439
Art. 77
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CRR ToolCapital Requirements Regulation (CRR)
Article 77

Article 77 - Conditions for reducing own funds and eligible liabilities

Article 77

Conditions for reducing own funds and eligible liabilities

1.  

An institution shall obtain the prior permission of the competent authority to do any of the following:

(a) 

reduce, redeem or repurchase Common Equity Tier 1 instruments issued by the institution in a manner that is permitted under applicable national law;

(b) 

reduce, distribute or reclassify as another own funds item the share premium accounts related to own funds instruments;

(c) 

effect the call, redemption, repayment or repurchase of Additional Tier 1 or Tier 2 instruments prior to the date of their contractual maturity.

2.  
An institution shall obtain the prior permission of the resolution authority to effect the call, redemption, repayment or repurchase of eligible liabilities instruments that are not covered by paragraph 1, prior to the date of their contractual maturity.