(1) The Bundesanstalt may order additional own funds requirements against a medium-sized securities institution, having regard to its size and systemic importance and to the nature, scale and complexity of its activities, in order to prevent cyclical economic fluctuations from causing the own funds requirements named in Part 3 of Regulation (EU) 2019/2033 and ordered under section 49, no. 1 and section 50 to be undershot, or from jeopardising the securities institution's ability to wind down its business in an orderly manner.
(2) The Bundesanstalt may, in respect of a medium-sized securities institution, review the appropriateness of the additional own funds requirements ordered under subsection (1), order changes to the additional own funds, and set a period for their implementation.
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Part 5 · Supervision of Securities Institutions; Prudential Supervision › Chapter 3 · Special Powers of the Bundesanstalt in the Ongoing Supervision of Securities Institutions › Section 51
Requirements as to additional own funds
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