+Article 6 Deficit of own funds at the financial conglomerate level
---+Article 6 1
---+Article 6 2
---+Article 6 3

Article 6 Deficit of own funds at the financial conglomerate level

1. Overview

,
Article 6 1

1.   Where there is a deficit of own funds at the financial conglomerate level, only own fund items that are eligible under the sectoral rules for both the banking sector and the insurance sector shall be used to meet that deficit.
Article 6 2

2.   The own funds referred to in paragraph 1 are the following:

(a)

Common Equity Tier 1 capital as defined in Article 50 of Regulation (EU) No 575/2013;

(b)

basic own-fund items where those items are classified in Tier 1 in accordance with Article 94(1) of Directive 2009/138/EC and the inclusion of those items is not limited by the delegated acts adopted in accordance with Article 99 of that Directive;

(c)

Additional Tier 1 capital as defined in Article 61 of Regulation (EU) No 575/2013;

(d)

basic own-fund items where those items are classified in Tier 1 in accordance with Article 94(1) of Directive 2009/138/EC and the inclusion of those items is limited by the delegated acts adopted in accordance with Article 99 of that Directive;

(e)

Tier 2 capital as defined in Article 71 of Regulation (EU) No 575/2013; and

(f)

basic own-fund items where those items are classified in Tier 2 in accordance with Article 94(2) of Directive 2009/138/EC.
Article 6 3

3.   Own funds items that are used to meet the deficit shall comply with Article 4(1).

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards
  • Builddate: 03.04.2014 00:00:00 -Doknr: CELEX:32014R0342
  • EULAW -

    EN: Legal acts of the European Union from EUR-Lex, https://eur-lex.europa.eu/. © European Union. Re-use is authorised by Decision 2011/833/EU, provided the source is acknowledged; the consolidated texts are licensed under CC BY 4.0 (EUR-Lex legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the legislation published in the Official Journal of the European Union is deemed authentic.

    DE: Rechtsakte der Europäischen Union aus EUR-Lex, https://eur-lex.europa.eu/. © Europäische Union. Weiterverwendung nach Beschluss 2011/833/EU mit Quellenangabe gestattet; die konsolidierten Fassungen stehen unter CC BY 4.0 (Rechtlicher Hinweis von EUR-Lex). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Verbindlich sind allein die im Amtsblatt der Europäischen Union veröffentlichten Rechtsakte.