capital
as defined in Regulation (EU) No 648/2012 of the European Parliament and of the Council of…, Article 2, point (25) (Definitions)
subscribed capital within the meaning of Article 22 of Council Directive 86/635/EEC of 8 December 1986 on the annual accounts and consolidated accounts of banks and other financial institutions in so far it has been paid up, plus the related share premium accounts, it fully absorbs losses in going concern situations, and, in the event of bankruptcy or liquidation, it ranks after all other claims
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Also defined in
- Directive 2006/49/EC of the European Parliament and of the Council of 14 June 2006 on the capital adequacy of… 32006L0049, Article 3(1), point (s)
own funds. - Council Directive 93/6/EEC of 15 March 1993 on the capital adequacy of investments firms and credit institutions 31993L0006, Article 2, point (26)
own funds