lexiara

(c)

CRR

the instruments meet all the following conditions as regards their classification: they qualify as capital within the meaning of Article 22 of Directive 86/635/EEC; they are classified as equity within the meaning of the applicable accounting framework; they are classified as equity capital for the purposes of determining balance sheet insolvency, where applicable under national insolvency law;

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Source: EUR-Lex (Cellar) · retrieved 2026-09-25 · Text as adopted (Official Journal); later amendments are not incorporated in this text.