Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (Text with EEA relevance)
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Version Superseded: 27/06/2019
Point in time view as at 28/06/2013. This version of this provision has been superseded.
There are currently no known outstanding effects by UK legislation for Regulation (EU) No 575/2013 of the European Parliament and of the Council,
Article 494
.
By way of derogation from points (71)(a)(ii) and (b)(ii) of Article 4(1), eligible capital may include Tier 2 capital up to the following amounts:
100 % of Tier 1 capital during the period from 1 January 2014 to 31 December 2014 ;
75 % of Tier 1 capital during the period from 1 January 2015 to 31 December 2015 ;
50 % of Tier 1 capital during the period from 1 January 2016 to 31 December 2016 .]
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