PD-1.3.8

Past version: Effective from 01 Oct 2010 to 31 Mar 2016
To view other versions open the versions tab on the right

In Subparagraph 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.

Amended October 2010
April 2008