304. P2G is the amount of capital considered adequate that should be set to allow for cyclical …

P2G is the amount of capital considered adequate that should be set to allow for cyclical economic fluctuations while protecting against any potential breach of relevant own funds requirements in accordance with Article 9 of Regulation (EU) 2019/2033 and additional own funds requirement calculated in accordance with Article 39(2), point (a) of Directive (EU) 2019/2034 and against any threat to the ability of the investment firm to orderly wind-down. Where competent authorities conclude the investment firm is not concerned by such impediments under adverse economic conditions, competent authorities may decide not to set P2G.

1. Overview

1.1 References

• Article 9 Own funds composition

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/