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Chapter 4 · Large exposures, own funds requirements, leverage and the Basel I floor › Article 494

Transitional provisions for eligible capital

By way of derogation from point (71)(b) of Article 4(1), eligible capital may include Tier 2 capital up to the following amounts:

(a)

100 % of Tier 1 capital during the period from 1 January 2014 to 31 December 2014;

(b)

75 % of Tier 1 capital during the period from 1 January 2015 to 31 December 2015;

(c)

50 % of Tier 1 capital during the period from 1 January 2016 to 31 December 2016.

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