b)
12/88 of the higher of the following: the sum of the capital requirements contained in points (a) to (c) of Article 75 of Directive 2006/48/EC; and the amount laid down in Article 21 of this Directive, notwithstanding Article 20(5).
← art_46__point_a__text_1 · All articles · art_46__point_b__text_1 →
Source: EUR-Lex (Cellar) · retrieved 2026-10-10 · Text as adopted (Official Journal); later amendments are not incorporated in this text.