36. Competent authorities should ensure that the envisaged TCB will hold at authorisation the …

Competent authorities should ensure that the envisaged TCB will hold at authorisation the applicable minimum fixed capital endowment referred to in Article 48e(1), points (a) or (b) CRD, depending on whether the applicant TCB is categorised as class 1 or class 2, based on the competent authority’s overall assessment of the application against the elements listed in Article 48a(1) and (2) CRD. Along the same lines, the minimum capital endowment should cover the average of the projected liabilities for the three-year business plan time horizon.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA -

  EN: Guidelines and other publications of the European Banking Authority (EBA), https://www.eba.europa.eu/. © European Banking Authority. Reproduction is authorised provided the source is acknowledged (EBA legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the versions published by the EBA are authoritative.

  DE: Leitlinien und weitere Veröffentlichungen der Europäischen Bankenaufsichtsbehörde (EBA), https://www.eba.europa.eu/. © European Banking Authority. Wiedergabe mit Quellenangabe gestattet (Rechtlicher Hinweis der EBA). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Maßgeblich sind allein die von der EBA veröffentlichten Fassungen.