Capital securities: Difference between revisions
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imported>Doug Williamson m (Add category.) |
imported>Doug Williamson (Update date - source - ECB - https://www.ecb.europa.eu/pub/pdf/fsr/art/ecb.fsrart201012_02.en.pdf) |
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Capital instruments which will no longer qualify, but which used to be eligible in the past, are being phased out over a 10-year horizon from 2013 to | Capital instruments which will no longer qualify, but which used to be eligible in the past, are being phased out over a 10-year horizon from 2013 to 2023. | ||
Revision as of 21:39, 23 December 2022
Bank supervision - capital adequacy.
Capital securities are securities issued by a regulated institution, which are eligible for inclusion in its capital, for capital adequacy assessment purposes.
Both the quality and the quantity of capital required have been increased very significantly over time.
Eligible capital securities include perpetual subordinated capital securities and contingent convertible capital securities.
Capital instruments which will no longer qualify, but which used to be eligible in the past, are being phased out over a 10-year horizon from 2013 to 2023.