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  • Solo Tier 1 Capital and Total Capital

    • CA-2.2.1A

      CAR components and CARs outlined in Paragraph CA-B.2.1 must meet or exceed the following minimum ratios on a solo basis relative to total risk-weighted assets:

      (a) CET1 must be at least 4.5% of risk-weighted assets at all times;
      (b) T1 Capital must be at least 6% of risk-weighted assets at all times;
      (c) Total Capital (T1 Capital plus T2 Capital) must be at least 8% of risk-weighted assets at all times; and
      (d) The minimum Capital Conservation Buffer (CCB) requirement of 2.5% of risk-weighted assets does not apply on a solo basis.
      January 2015

    • CA-2.2.2

      CET1 must be the predominant form of capital. Accordingly, the contribution of AT1 instruments towards the Minimum T1 Capital Ratios mentioned in Paragraphs CA-2.2.1 and CA-2.2.1A is limited to 1.5%.

      January 2015

    • CA-2.2.3

      The limits on AT1 instruments and T2 instruments are based on the amount of CET1 after deductions pursuant to CA-2.4 (see Appendices CA-22 and CA-23 for examples of the threshold deduction effects and the caps).

      January 2015