Article 476

Path:
Capital Requirements Regulation (CRR) > PART TEN > TITLE I > CHAPTER 1 > Section 3 > Sub-Section 3 > Article 476
Title:
Article 476
Description: 
Deductions from Tier 2 items
Main content: 

By way of derogation from Article 66, during the period from 1 January 2014 to 31 December 2017, the following shall apply:

(a) institutions shall deduct from Tier 2 items the applicable percentage specified in Article 478 of the amounts required to be deducted pursuant to Article 66;

(b) institutions shall apply the requirements laid down in Article 477 to the residual amounts required to be deducted pursuant to Article 66.