15. According to the provisions of Part 10, Title 1, Chapter 2 of Regulation (EU) No 575/2013 …

According to the provisions of Part 10, Title 1, Chapter 2 of Regulation (EU) No 575/2013 (grandfathering of capital instruments), items eligible as own funds under national transposition measures for Directive 2006/48/EC are eligible to be calculated in own funds for the purposes of Regulation (EU) No 575/2013 even though they do not meet all the conditions provided for in Articles 52 and following of Regulation (EU) No 575/2013. Thus, grandfathered instruments which do not provide for the contractual trigger of Article 54 of Regulation (EU) No 575/2013 are included in own funds in accordance with the limits laid down in the regulation.

1. Overview

1.1 References

• Article 54 Write down or conversion of Additional Tier 1 instruments

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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