+Article 27 1.

Article 27 1.

Common Equity Tier 1 items shall include any capital instrument issued by an institution under its statutory terms provided that the following conditions are met:

(a) 

the institution is of a type that is defined under applicable national law and which competent authorities consider to qualify as any of the following:

(i) 

a mutual;

(ii) 

a cooperative society;

(iii) 

a savings institution;

(iv) 

a similar institution;

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(b) 

the conditions laid down in Articles 28 or, where applicable, Article 29, are met.

Those mutuals, cooperative societies or savings institutions recognised as such under applicable national law prior to 31 December 2012 shall continue to be classified as such for the purposes of this Part, provided that they continue to meet the criteria that determined such recognition.

1. Overview

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1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards