Response to consultation on draft technical standards on own funds - Part IV

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Is the application of the different tests clear? How do you assess the approach retained for non-joint stock companies?

BBA has no comments.

How do you assess the applicability of the conditions in paragraph 2?

BBA has no comments.

Is the chosen approach applicable to all instruments that may be issued by non-joint stock institutions?

BBA has no comments.

How do you assess the proposed levels of 30% for the payout ratio in paragraph 5(d) of Article 7b?

BBA has no comments.

Is the application of the different tests clear? How do you assess the approach retained for non-joint stock companies?

BBA has no comments.

Name of organisation

British Bankers' Association