PD-1.3.8
Past version: Effective from 01 Apr 2008 to 30 Sep 2010
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In PD-1.3.7(a), a capital deficiency is the amount by which the regulatory capital base is less than the regulatory capital requirement. Any deficiencies which have been deducted on a group level in addition to the investment in such subsidiaries are not to be included in the aggregate regulatory capital deficiency.
April 2008