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New version applies from 01/01/2015 — introduced by Bank Recovery and Resolution Directive (BRRD). 137 provisions change. Later versions: 13/01/2018, 09/07/2018, 29/12/2020, 28/06/2021, 01/01/2022, 09/01/2024, 29/07/2024, 30/12/2024, 17/01/2025, 11/01/2026, 11/07/2026. Article 28 changes in this version: compare with the current text.

Article 28 - Initial capital of investment firms

Article 28
Initial capital of investment firms

1.The initial capital of investment firms shall comprise only one or more of the items referred to in points (a) to (e) of Article 26(1) of Regulation (EU) No 575/2013.

2.All investment firms other than those referred to in Article 29 shall have initial capital of EUR 730 000.

Official text · consolidated version 20/03/2014 (no longer in force) Open full page ↗
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