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Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 Text with EEA relevance article 55 CELEX: 02013R0575-20250629 Consequences of the conditions for Additional Tier 1 instruments ceasing to be met
The following shall apply where, in the case of an Additional Tier 1 instrument, the conditions laid down in Article 52(1) cease to be met: (a) that instrument shall immediately cease to qualify as an Additional Tier 1 instrument; (b) the part of the share premium accounts that relates to that instrument shall immediately cease to qualify as an Additional Tier 1 item. |