Regulation 241/2014 | judict

Metadata

In force since 03/04/2014

Initial Legal Act

Legal basis:

Art. 26(4)(3) Regulation 575/2013

Art. 27(2)(3) Regulation 575/2013

Art. 28(5)(3) Regulation 575/2013

Art. 29(6)(3) Regulation 575/2013

Art. 32(2)(3) Regulation 575/2013

Art. 36(2)(3) Regulation 575/2013

Art. 36(4)(3) Regulation 575/2013

Art. 41(2)(3) Regulation 575/2013

Art. 52(2)(3) Regulation 575/2013

Art. 73(7)(3) Regulation 575/2013

Art. 76(4)(3) Regulation 575/2013

Art. 78(5)(3) Regulation 575/2013

Art. 79(2)(3) Regulation 575/2013

Art. 83(2)(3) Regulation 575/2013

Art. 84(4)(3) Regulation 575/2013

Art. 97(4)(3) Regulation 575/2013

Art. 481(6)(3) Regulation 575/2013

Art. 487(3)(3) Regulation 575/2013

Accompanying documents

Preparatory Material (25)

Published: 04/04/2012

EBA/CP/2012/02 - Related Material

Published: 12/06/2012

EBA/CP/2012/07 - Related Material

Published: 09/11/2012

EBA/CP/2012/11 - Related Material

Published: 23/05/2013

EBA/CP/2013/17 - Related Material

Published: 17/07/2013

EBA/CP/2013/30 - Related Material

Published: 27/11/2013

EBA/CP/2013/43 - Related Material

EBA/RTS/2013/01

Published: 26/07/2013

EBA/RTS/2013/01 - Related Material

EBA/RTS/2013/02

Published: 26/07/2013

EBA/RTS/2013/02 - Related Material

EBA/RTS/2013/03

Published: 26/07/2013

EBA/RTS/2013/03 - Related Material

EBA/RTS/2013/09

Published: 13/12/2013

EBA/RTS/2013/09 - Related Material

EBA/RTS/2014/01

Published: 29/01/2014

EBA/RTS/2014/01 - Related Material

EBA/RTS/2014/03

Published: 27/03/2014

EBA/RTS/2014/03 - Related Material

EBA/RTS/2020/07

Published: 14/10/2020

Documents of general relevance (1)

Published: 07/04/2022

Search within this legal act

German

Updated 21/03/2023

CRR Tool Delegated Regulation 241/2014

Delegated Regulation 241/2014

Commission Delegated Regulation (EU) No 241/2014 of 7 January 2014 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for Own Funds requirements for institutions (Text with EEA relevance)

CHAPTER I - GENERAL (Article 1)Article 1 - Subject matter Q&A

CHAPTER II - ELEMENTS OF OWN FUNDS (Article 2-19)

SECTION 1 - Common Equity Tier 1 capital and instruments (Article 2-11)

Subsection 1 - Foreseeable dividends and charges (Article 2-3)Article 2 - Meaning of foreseeable in foreseeable dividend for the purposes of Article 26(2)(b) of Regulation (EU) No 575/2013 Q&A Article 3 - Meaning of foreseeable in foreseeable charge for the purposes of Article 26(2)(b) of Regulation (EU) No 575/2013 Q&A

Subsection 2 - Cooperative societies, savings institutions, mutuals and similar institutions (Article 4-7)Article 4 - Type of undertaking recognised under applicable national law as a cooperative society for the purposes of Article 27(1)(a)(ii) of Regulation (EU) No 575/2013 Q&A Article 5 - Type of undertaking recognised under applicable national law as a savings institution for the purposes of Article 27(1)(a)(iii) of Regulation (EU) No 575/2013 Article 6 - Type of undertaking recognised under applicable national law as a mutual for the purposes of Article 27(1)(a)(i) of Regulation (EU) No 575/2013 Article 7 - Type of undertaking recognised under applicable national law as a similar institution for the purposes of Article 27(1)(a)(iv) of Regulation (EU) No 575/2013

Subsection 3 - Indirect funding (Article 8-9)Article 8 - Indirect funding of capital instruments for the purposes of Article 28(1)(b,) Article 52(1)(c) and Article 63(c) of Regulation (EU) No 575/2013 Q&A Article 9 - Applicable forms and nature of indirect funding of capital instruments for the purposes of Article 28(1)(b) and 52(1)(c) and 63(c) of Regulation (EU) No 575/2013 Q&A

Subsection 4 - Limitations on redemption of capital instruments (Article 10-11)Article 10 - Limitations on redemption of capital instruments issued by mutuals, savings institutions, cooperative societies and similar institutions for the purposes of Article 29(2)(b) of Regulation (EU) No 575/2013 and Article 78(3) of Regulation (EU) No 575/2013 Article 11 - Limitations on redemption of capital instruments issued by mutuals, savings institutions, cooperative societies and similar institutions for the purposes of Article 29(2)(b) of Regulation (EU) No 575/2013 and Article 78(3) of Regulation (EU) No 575/2013

SECTION 2 - Prudential Filters (Article 12)Article 12 - The concept of gain on sale for the purposes of Article 32(1)(a) of Regulation (EU) No 575/2013

SECTION 3 - Deductions from Common Equity Tier 1 items (Article 13-16)Article 13 - Deduction of losses for the current financial year for the purposes of Article 36(1)(a) of Regulation (EU) No 575/2013 Article 14 - Deductions of deferred tax assets that rely on future profitability for the purposes of Article 36(1)(c) of Regulation (EU) No 575/2013 Q&A Article 15 - Deduction of defined benefit pension fund assets for the purposes of Article 36(1)(e) of Regulation (EU) No 575/2013 and Article 41(1)(b) of Regulation (EU) No 575/2013 Q&A Article 16 - Deductions of foreseeable tax charges for the purposes of Article 36(1)(l) and Article 56(f) of Regulation (EU) No 575/2013

SECTION 4 - Other deductions for Common Equity Tier 1, additional Tier 1 and Tier 2 items (Article 17-19)Article 17 - Other deductions for capital instruments of financial institutions for the purposes of Article 36(3) of Regulation (EU) No 575/2013 Article 18 - Capital instruments of third country insurance and reinsurance undertakings for the purposes of Article 36(3) of Regulation (EU) No 575/2013 Article 19 - Capital instruments of undertakings excluded from the scope of Directive 2009/138/EC for the purposes of Article 36(3) of Regulation (EU) No 575/2013

CHAPTER III - ADDITIONAL TIER 1 CAPITAL (Article 20-24)

SECTION 1 - Form and nature of incentives to redeem (Article 20)Article 20 - Form and nature of incentives to redeem for the purposes of Article 52(1)(g) and 63(h)of Regulation (EU) No 575/2013 Q&A

SECTION 2 - Conversion or write-down of the principal amount (Article 21-22)Article 21 - Nature of the write-up of the principal amount following a write-down for the purposes of Article 52(1)(n) and Article 52(2)(c)(ii) of Regulation (EU) No 575/2013 Article 22 - Procedures and timing for determining that a trigger event has occurred for the purposes of Article 52(1)(n) of Regulation (EU) No 575/2013

SECTION 3 - Features of instruments that could hinder recapitalisation (Article 23)Article 23 - Features of instruments that could hinder recapitalisation for the purposes of Article 52(1)(o) of Regulation (EU) No 575/2013

SECTION 4 - Use of special purposes entities for indirect issuance of own funds instruments (Article 24)Article 24 - Use of special purposes entities for indirect issuance of own funds instruments for the purposes of Article 52(1)(p) and Article 63(n) of Regulation (EU) No 575/2013

CHAPTER IV - GENERAL REQUIREMENTS (Article 25-33)

SECTION 1 - Indirect holdings arising from index holdings (Article 25-26)Article 25 - Extent of conservatism required in estimates for calculating exposures used as an alternative to the underlying exposures for the purposes of Article 76(2) of Regulation (EU) No 575/2013 Article 26 - Meaning of operationally burdensome in Article 76(3) of Regulation (EU) No 575/2013

SECTION 2 - Supervisory permission for reducing own funds (Article 27-32)Article 27 - Meaning of sustainable for the income capacity of the institution for the purposes of Article 78(1)(a) of Regulation (EU) No 575/2013 Article 28 - Process and data requirements for an application by an institution to carry out redemptions, reductions and repurchases — for the purposes of Article 77 of Regulation (EU) No 575/2013 Q&A Article 29 - Submission of application by the institution to carry out redemptions, reductions and repurchases for the purposes of Article 77 and Article 78 of Regulation (EU) No 575/2013 and appropriate bases of limitation of redemption for the purposes of paragraph 3 of Article 78 of Regulation (EU) No 575/2013 Q&A Article 30 - Content of the application to be submitted by the institution for the purposes of Article 77 of Regulation (EU) No 575/2013 Article 31 - Timing of the application to be submitted by the institution and processing of the application by the competent authority for the purposes of Article 77 of Regulation (EU) No 575/2013 Article 32 - Applications for redemptions, reductions and repurchases by mutuals, cooperative societies, savings institutions or similar institutions for the purposes of Article 77 of Regulation (EU) No 575/2013 Q&A

SECTION 3 - Temporary waiver from deduction from own funds (Article 33)Article 33 - Temporary waiver from deduction from own funds for the purposes of Article 79(1) of Regulation (EU) No 575/2013

CHAPTER V - MINORITY INTEREST AND ADDITIONAL TIER 1 AND TIER 2 INSTRUMENTS ISSUED BY SUBSIDIARIES (Article 34)Article 34 - The type of assets that can relate to the operation of special purpose entities and meaning of minimal and insignificant regarding qualifying Additional Tier 1 and Tier 2 capital issued by special purpose entities for the purposes of Article 83(1) of Regulation (EU) No 575/2013

CHAPTER VI - SPECIFICATION OF THE TRANSITIONAL PROVISIONS OF REGULATION (EU) No 575/2013 IN RELATION TO OWN FUNDS (Article 35-37)Article 35 - Additional filters and deductions for the purposes of Article 481(1) of Regulation (EU) No 575/2013 Article 36 - Items excluded from grandfathering of capital instruments not consituting state aid in Common Equity Tier 1 or Additional Tier 1 items in other elements of own funds for the purposes of Article 487(1) and (2) of Regulation (EU) No 575/2013 Article 37

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Regulation (EU) 575/2013 (CRR)Regulation (EU) 2021/451Regulation (EU) 2021/453Regulation (EU) 680/2014Regulation (EU) 2016/100

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