2022_6484 Capital increase without the issuance of new shares

Question ID: 2022_6484
Legal act: Regulation (EU) No 575/2013 (CRR)
Topic: Own funds
Article: 26
Paragraph: 3
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations: Not applicable
Article/Paragraph: N/A
Type of submitter: Credit institution
Subject matter: Capital increase without the issuance of new shares
Question: Is a capital increase without the issuance of new shares in scope of article 26(3)?
Background on the question: A capital increase without the issuance of new shares does not create new instruments, but increases the capital value of the existing shares.

Do the requirements of art 26 (3) (regarding approval or notification) also apply to this type of capital increase, since no instruments are issued?
Submission date: 15/06/2022
Rejected publishing date: 26/01/2023
Rationale for rejection: This question has been rejected because answering it is considered providing bespoke advice that may be relevant only to the circumstances of certain parties or transactions, which is not the purpose of the tool.

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Status: Rejected question