Article 59 CRR — Deduction of holdings of Additional Tier 1 instruments of financial sector entities

Article 59 — Deduction of holdings of Additional Tier 1 instruments of financial sector entities

CRR

REGULATION (EU) No 575/2013 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (Text with EEA relevance) · European Union

Institutions shall make the deductions required by points (c) and (d) of Article 56 in accordance with the following: (a) they may calculate direct, indirect and synthetic holdings of Additional Tier 1 instruments of the financial sector entities on the basis of the net long position in the same underlying exposure provided that both the following conditions are met: (i) the maturity of the short position matches the maturity of the long position or has a residual maturity of at least one year; (ii) either both the short position and the long position are held in the trading book or both are held in the non-trading book. (b) they shall determine the amount to be deducted for direct, indirect and synthetic holdings of index securities by calculating the underlying exposure to the capital instruments of the financial sector entities in those indices.

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Source: EUR-Lex CELLAR · retrieved 2026-09-04