Schedule 2, Part 2, paragraph 9
The Electronic Money Regulations 2011 · United Kingdom
For the purposes of calculating own funds— the amount of Tier 2 capital must be equal to or less than one third of the amount of Tier 1 capital; at least 75% of the amount of Tier 1 capital must be in the form of Common Equity Tier 1 capital.
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Source: legislation.gov.uk · retrieved 2026-09-04