BANK 10.2.2 Financial group capital requirement and resources

(1) A banking business firm must ensure at all times that its financial group capital resources exceed its financial group capital requirement.
(2) In calculating its financial group capital resources, the firm must not include capital resources or adjusted capital resources (as the case may be) of subsidiaries or participations of that group to the extent that those capital resources or adjusted capital resources exceed the capital requirement for that subsidiary or participation and are not freely transferable within the group.
Derived from QFCRA RM/2014-2 (as from 1st January 2015).