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+Article 11 1. |
Article 11 1.Investment firms shall at all times have own funds in accordance with Article 9 which amount to at least D, where D is defined as the highest of the following:
(a)
their fixed overheads requirement calculated in accordance with Article 13;
(b)
their permanent minimum capital requirement in accordance with Article 14; or
(c)
their K‐factor requirement calculated in accordance with Article 15. 1. Overzicht
1.1 Referenties1.2 Geïdentificeerde eisen1.3 Gerelateerde standaarden2. Geïdentificeerde eisen
3. Gerelateerde standaarden
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