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Status:
Point in time view as at 13/10/2017.
Changes to legislation:
The Electronic Money Regulations 2011, Paragraph 9 is up to date with all changes known to be in force on or before 07 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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[9. For the purposes of calculating own funds—U.K.
(a)the amount of Tier 2 capital must be equal to or less than one third of the amount of Tier 1 capital;
(b)at least 75% of the amount of Tier 1 capital must be in the form of Common Equity Tier 1 capital.]
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