120. Where the competent authority considers that the capital waiver cannot be granted at the time …

Where the competent authority considers that the capital waiver cannot be granted at the time of the authorisation, the level of capital should be determined by the competent authority in accordance with the methodology laid down in paragraphs 116–117. In specific cases where the competent authority assesses that the waiver cannot be granted at the time of authorisation, but there are reasonable grounds to assess that it could be granted at a later stage, the competent authority may implement measures to mitigate the impact of the level of capital at authorisation.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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