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 2015CA-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 2015CA-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-11 and CA-12 for examples of the threshold deduction effects and the caps).
January 2015
