CA-2.1.2
Past version: Effective from 01 Jan 2015 to 31 Mar 2015
To view other versions open the versions tab on the right
CET1 capital consists of the sum of the following items (a) to (d) below:
(a) Issued and fully paid common shares that meet the criteria for classification as common shares for regulatory purposes (see Paragraph CA-2.1.3);
(b) Disclosed reserves including:
(i) General reserves;
(ii) Legal / statutory reserves;
(iii) Share premium;
(iv) Fair value reserves arising from fair valuing financial instruments; and
(v) Retained earnings or losses (including net profit and loss for the reporting period, whether reviewed or audited);
(c) Common shares issued by consolidated banking subsidiaries of the conventional bank licensee and held by third parties (i.e. minority interest ) that meet the criteria for inclusion in CET1. See Section CA-2.3 for the relevant criteria; and
(d) Regulatory adjustments applied in the calculation of CET1 (see Section CA-2.4).
January 2015