PINS 4.7.2 Instruments not to be included in lower tier 2 capital — exceeding 50% of tier 1 capital

A capital instrument is not eligible for inclusion in tier 2 capital to the extent that its inclusion will result in the aggregate amount of lower tier 2 capital exceeding 50% of eligible tier 1 capital (net of deductions).

Amended by QFCRA RM/2015-3 (as from 1st January 2016).