18. According to the amortisation regime laid down in Article 64 Regulation (EU) No 575/2013, the …

According to the amortisation regime laid down in Article 64 Regulation (EU) No 575/2013, the value of a T2 instrument that can be included in own funds is its nominal value amortised on a straight line basis in the final 5 years before maturity. The amount subject to amortisation is not included in own funds, even if the T2 instrument is eligible according to Article 63 of Regulation (EU) No 575/2013. When determining the order and amount of writedown or conversion the resolution authority should treat in the same way T2 instruments included in the same class and should not apply a discriminatory treatment to issuance of the same T2 instruments.

1. Overview

1.1 References

• Article 64 Amortisation of Tier 2 instruments
• Article 63 Tier 2 instruments

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/