Article 128 — Definitions
For the purpose of this Chapter, the following definitions shall apply: (1) ‧capital conservation buffer‧ means the own funds that an institution is required to maintain in accordance with Article 129; (2) ‧institution-specific countercyclical capital buffer‧ means the own funds that an institution is required to maintain in accordance with Article 130; (3) ‧G-SII buffer‧ means the own funds that are required to be maintained in accordance with Article 131(4); (4) ‧O-SII buffer‧ means the own funds that may be required to be maintained in accordance with Article 131(5); (5) ‧systemic risk buffer‧ means the own funds that an institution is or may be required to maintain in accordance with Article 133; (6) ‧combined buffer requirement‧ means the total Common Equity Tier 1 capital required to meet the requirement for the capital conservation buffer extended by the following, as applicable: (a) an institution-specific countercyclical capital buffer; (b) a G-SII buffer; (c) an O-SII buffer; (d) a systemic risk buffer; (7) ‧countercyclical buffer rate‧ means the rate that institutions must apply in order to calculate their institution-specific countercyclical capital buffer, and that is set in accordance with Article 136, Article 137 or by a relevant third-country authority, as the case may be; (8) ‧domestically authorised institution‧ means an institution that has been authorised in the Member State for which a particular designated authority is responsible for setting the countercyclical buffer rate; (9) ‧buffer guide‧ means a benchmark buffer rate calculated in accordance with Article 135(1). This Chapter shall not apply to investment firms that are not authorised to provide the investment services listed in points 3 and 6 of Section A of Annex I to Directive 2004/39/EC.
REGULATION (EU) 2024/1623 OF THE EUROPEAN PARLIAMENT AND OF THE… (EU) · REGULATION (EU) No 575/2013 OF THE EUROPEAN PARLIAMENT AND OF THE… (EU) · Attuazione della direttiva 2014/59/UE del Parlamento europeo e del… (IT) — sign in to see which provisions, and what they say.
← 3 · All articles · 129 →
Source: EUR-Lex CELLAR · retrieved 2026-09-04