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- TITLE I > CHAPTER IV > SECTION 2
Article number: 76
The following basic own-fund items shall be deemed to possess the characteristics set out in Article 93(1)(b) of Directive 2009/138/EC, taking into consideration the features set out in Article 93(2) of that Directive, and shall be classified as Tier 3 where the following items display all of the features set out in Article 77:
(a) the part excess of assets over liabilities, valued in accordance with Sections 1 and 2 of Chapter VI of Directive 2009/138/EC, comprising the following items:
(i) subordinated mutual member accounts;
(ii) preference shares and the related share premium account;
(iii) an amount equal to the value of net deferred tax assets;
(b) subordinated liabilities valued in accordance with Article 75 of Directive 2009/138/EC.
Other related sources
- EIOPA answered Q&As:
- Question ID: 2200
Metadata
RULEBOOK TOPIC: SECTION 2 - Classification of Own Funds
RULEBOOK CATEGORY: DELEGATED REGULATION (EU) 2015/35
Last update on: 15 Dec 2022