EBA: Opinion on the trigger, calculation and transparency of the maximum distributable amount
EBA has published this Opinion, which clarifies that the MDA should be calculated taking into account both minimum (Pillar 1) and additional (Pillar 2) capital requirements which should be met at all times, as well as the combined buffer requirement. EBA acknowledges that Article 141 should be reviewed by the EC with a view to avoid different interpretations, ensure consistency with the stacking order of capital requirements and to enable limited supervisory flexibility regarding distributions.
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