Sainmhíniú basic own-fund item of an undertaking subject to the requirements of Directive 2009/138/EC where that item is classified in Tier 1 within the meaning of Directive 2009/138/EC in accordance with Article 94(1) of that Directive and the inclusion of that item is limited by the delegated acts adopted in accordance with Article 99 of that Directive Tagairt "COM-EN, based on: Article 4(1)(103) of Regulation (EU) No 575/2013 on prudential requirements for credit institutions and investment firms, CELEX:32013R0575/EN"
Sainmhíniú item other than basic own funds which can be called up to absorb losses Tagairt "Directive 2009/138/EC on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II), CELEX:32009L0138/EN"
Nóta Ancillary own funds may comprise the following items to the extent that they are not basic own-fund items: a) unpaid share capital or initial fund that has not been called up; b) letters of credit and guarantees; c) any other legally binding commitments received by insurance and reinsurance undertakings. Source as above
Nóta Basic own funds are defined in Article 88 of Directive 2009/138 as follows: Basic own funds shall consist of the following items:(1) the excess of assets over liabilities, valued in accordance with Article 75 and Section 2;(2) subordinated liabilities.
Sainmhíniú capital instruments issued by the institution that qualify as Common Equity Tier 1, Additional Tier 1 or Tier 2 instruments Tagairt "Proposal for a Regulation of the European Parliament and of the Council on prudential requirements for credit institutions and investement firms (Part I), COM(2011) 452, http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=SPLIT_COM:2011:0452%2801%29:FIN:EN:PDF"
Nóta The Regulation defines “institutions” as “credit institutions and investment firms”.
Sainmhíniú basic own-fund items of undertakings subject to the requirements of Directive 2009/138/EC where those items are classified in Tier 1 within the meaning of Directive 2009/138/EC in accordance with paragraph 1 of Article 94 of that Directive Tagairt "Proposal for a Regulation of the European Parliament and of the Council on prudential requirements for credit institutions and investement firms (Part III), COM(2011) 452, http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=SPLIT_COM:2011:0452%2803%29:FIN:EN:PDF [15.12.2011]"
FINANCE|financial institutions and credit · FINANCE|insurance
Sainmhíniú basic own-fund item of undertakings subject to the requirements of Directive 2009/138/EC where that item is classified in Tier 2 within the meaning of Directive 2009/138/EC in accordance with Article 94(2) of that Directive Tagairt "COM-CS, based on:Regulation (EU) No 575/2013 on prudential requirements for credit institutions"
Sainmhíniú éléments de fonds propres de base d'entreprises soumises aux exigences de la directive 2009/138/CE, lorsque ces éléments sont classés au niveau 2, au sens de la directive 2009/138/CE, conformément à l'article 94, paragraphe 2, de ladite directive Tagairt "Proposition de règlement du Parlement européen et du Conseil concernant les exigences prudentielles applicables aux établissements de crédit et auxentreprises d'investissement, COM(2011) 452 final, 20.7.2011, http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=SPLIT_COM:2011:0452(01):FIN:FR:PDF (12.9.2013)"
FINANCE|financial institutions and credit · FINANCE|insurance
Sainmhíniú basic own-fund insurance items of undertakings subject to the requirements of Directive 2009/138/EC where those items are classified as Tier 3 within the meaning of Directive 2009/138/EC in accordance with paragraph 3 of Article 94 of that Directive Tagairt "Proposal for a Regulation of the European Parliament and of the Council on prudential requirements for credit institutions and investment firms (Basel III), COM(2011) 452 http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=SPLIT_COM:2011:0452(01):FIN:EN:PDF [27.1.2012]"