The PDF is larger than 50 pages and may take a moment to load.
Text comparison - Full text
Date fields are required.
The text generated incorporates all known amendments with given commencement dates.
If comparing more than 50 pages, this may take a moment to generate.
Text comparison - Draft proposed changes
This option allows you to compare the current text with bill, draft, or proposed changes. Please select from the list below to specify which changes to include.
If the comparison involves more than 50 pages, please allow some time for it to generate.
Version status: Applicable | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2014 - onwards
Version 4 of 4
Article 47 Deduction of holdings of Common Equity Tier 1 instruments where an institution has a significant investment in a financial sector entity
For the purposes of point (i) of Article 36(1), the applicable amount to be deducted from Common Equity Tier 1 items shall exclude underwriting positions held for five working days or fewer and shall be determined in accordance with Articles 44 and 45 and Sub-section 2.