PART 2Capital conservation buffer
Transitional provisions: 1st January 2016 to 31st December 20185
1
The appropriate regulator must apply the capital conservation buffer in accordance with the following transitional provisions.
2
In 2016, the capital conservation buffer must consist of common equity tier 1 capital equal to 0.625% of the total of the risk-weighted exposure amounts of an institution.
3
In 2017, the capital conservation buffer must consist of common equity tier 1 capital equal to 1.25% of the total of the risk-weighted exposure amounts of an institution.
4
In 2018, the capital conservation buffer must consist of common equity tier 1 capital equal to 1.875% of the total of the risk-weighted exposure amounts of an institution.
5
The risk weighted exposure amounts of an institution must be calculated in accordance with Article 92(3) of the capital requirements regulation.
Exemption for small and medium-sized investment firmsF16
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