There has been published in the Official Journal of the EU (the OJ) Commission Delegated Regulation 2015/850 of 30 January 2015 amending Delegated Regulation No 241/2014 supplementing the Capital Requirements Regulation (CRR) with regard to regulatory technical standards (RTS) for own funds requirements for institutions. The RTS relates to article 28(5) which mandates the European Banking Authority to specify whether and when multiple distributions would constitute a disproportionate drag on own funds, as well as the meaning of preferential distributions. The Delegated Regulation enters into force on the twentieth day following its publication in the OJ. It is directly applicable in all Member States from that date.
Delegated Regulation amending Delegated Regulation on RTS on own funds requirements for institutions
Posted in Capital adequacy, United Kingdom
