Article 474

Path:
Capital Requirements Regulation (CRR) > PART TEN > TITLE I > CHAPTER 1 > Section 3 > Sub-Section 2 > Article 474
Title:
Article 474
Description: 
Deductions from Additional Tier 1 items
Main content: 

By way of derogation from Article 56, during the period from 1 January 2014 to 31 December 2017, the following shall apply:

(a) institutions shall deduct from Additional Tier 1 items the applicable percentage specified in Article 478 of the amounts required to be deducted pursuant to Article 56;

(b) institutions shall apply the requirements laid down in Article 475 to the residual amounts of the items required to be deducted pursuant to Article 56.