EBA to clarify the prudential treatment applicable to own funds instruments
09 Sep 2019
Germany
1 min read
The EBA stated that they intend to provide clarity on the appropriate treatment of 'legacy instruments' at the end of 2021. By this time the benefits of the grandfathering period will have expired. The EBA state that the aim of the clarification is to preserve a consistent and high quality of capital base for EU institutions under CRR. The EBA intents to communicate this clarification by mid-2020.