Question ID:
2014_1414
Legal Act:
Regulation (EU) No 575/2013 (CRR)
Topic:
Own funds
Article:
98
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations:
Not applicable
Article/Paragraph:
-
Disclose name of institution / entity:
Yes
Name of institution / submitter:
Simon Måssebäck
Country of incorporation / residence:
Sweden
Type of submitter:
Credit institution
Subject Matter:
Groups including investment firm(s) referred to in Article 95(1) and investment firm(s) referred to in Article 96(1) and not including credit institutions.
Question:

What method of calculating the own funds requirement should be used when a group consists of both 95(1) and 96(1) investments firm and no credit institutions?

Background on the question:

Article 98(1) and 98(2) of CRR set out provisions for calculating the own funds requirement for Groups that either includes 95(1) investment firms or 96(1) investment firms (and no credit institutions), but not both types of investment firms.

Date of submission:
04/08/2014
Published as Rejected Q&A
11/02/2022
Rationale for rejection:

Please note that as part of adjustments to the Single Rulebook Q&A process, agreed by the EBA and the European Commission, it has been decided to reject outstanding questions submitted before 1 January 2020, when the Q&A process was updated as part of the last ESAs Review. In particular, the question that you have submitted has now regrettably been rejected and will not be addressed.

If you believe your question would still benefit from clarification, you are invited to resubmit your question, adapting it to reflect any legislative, regulatory or other relevant developments that may have occurred since the initial date of submission. The EBA will aim to address resubmitted questions as a matter of priority. When considering to resubmit, you are kindly requested to observe the updated admissibility criteria agreed in the context of the adjustment of the Q&A process, available in the Additional background and guidance for asking questions. We hope for your understanding.

For further information please refer to the press release and the updated Q&A page.

Status:
Rejected question
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