BANK 3.3.2 Capital conservation buffer
(1) A banking business firm whose risk-based capital requirement is higher than its base capital requirement must maintain a minimum capital conservation buffer of:
(a) 2.5% of the firm's total risk-weighted assets; or
(b) a higher amount that the Regulatory Authority may, by written notice, set from time to time.
(2) A firm's capital conservation buffer must be made up of CET 1 capital above the amounts used to meet the firm's CET 1 capital ratio, tier 1 capital ratio and regulatory capital ratio in rule 3.2.6(2).
|Derived from QFCRA RM/2014-2 (as from 1st January 2015).|