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Commission Delegated Regulation (EU) No 241/2014

Preamble
Recitals 23
Chapter I - GENERAL (Article 1-1a) 2
Chapter II - ELEMENTS OF OWN FUNDS AND ELIGIBLE LIABILITIES (Article 2-19) 33
Chapter III - ADDITIONAL TIER 1 AND TIER 2 CAPITAL AND ELIGIBLE LIABILITIES (Article 20-24a) 6
- Section 1 - Form and nature of incentives to redeem (Article 20) 1
- Section 2 - Conversion or write-down of the principal amount (Article 21-22) 2
- Section 3 - Features of instruments that could hinder recapitalisation (Article 23) 1
  - Article 23 - Features of instruments that could hinder recapitalisation for the purposes of Article 52(1)(o) of Regulation (EU) No 575/2013
- Section 4 - Use of special purposes entities for indirect issuance of own funds instruments (Article 24-24a) 2
Chapter IV - GENERAL REQUIREMENTS (Article 25-33) 20
Chapter V - MINORITY INTEREST AND ADDITIONAL TIER 1 AND TIER 2 INSTRUMENTS ISSUED BY SUBSIDIARIES (Article 34-34a) 2
Chapter VA - OWN FUNDS BASED ON FIXED OVERHEADS (Article 34b-34d) 3
Chapter VI - SPECIFICATION OF THE TRANSITIONAL PROVISIONS OF REGULATION (EU) No 575/2013 IN RELATION TO OWN FUNDS (Article 35-37) 3
Amending acts 5

Article 23 - Features of instruments that could hinder recapitalisation for the purposes of Article 52(1)(o) of Regulation (EU) No 575/2013

Article 23

Features of instruments that could hinder recapitalisation for the purposes of Article 52(1)(o) of Regulation (EU) No 575/2013

Features that could hinder the recapitalisation of an institution shall include provisions that require the institution to compensate existing holders of capital instruments where a new capital instrument is issued.

Official text · consolidated version 09/05/2023 (in force) Open full page ↗