Article 20 Article 479(1) and (4) of Regulation (EU) No 575/2013: Recognition in consolidated Common Equity Tier 1 capital of instruments and items that do not qualify as minority interests

1. Resumen

Título	Regulación
Article 20 1.	During the period from 1 January 2016 to 31 December 2017, the applicable percentage of the items referred to in Article 479(1) of Regulation (EU) No 575/2013 that would have qualified as consolidated reserves in accordance with national measures implementing Article 65 of Directive 2006/48/EC of the European Parliament and of the Council ( 4 ) shall qualify as consolidated Common Equity Tier 1 capital according to the percentages set out below.
Article 20 2.	For the purposes of paragraph 1, the applicable percentage shall be: (a) 40 % during the period from 1 January 2016 to 31 December 2016; and (b) 20 % during the period from 1 January 2017 to 31 December 2017.
Article 20 3.	This Article is without prejudice to national law in force prior to the entry into force of this Regulation where such law sets percentages that are lower than those specified in paragraph 2.

Requisitos
Fuente	Requisito

Estándares
Fuente	Requisito