(17)In order for special purposes entities to qualify for inclusion under the Additional Tier 1 and Tier 2 own funds items, the assets of the special purpose entities not invested in own funds instruments issued by institutions should remain minimal and insignificant. In order to achieve this, that amount of assets should be capped by a limit expressed in relation to the average total assets of the special purpose entity.
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New version applies from 07/07/2015 — introduced by Commission Delegated Regulation (EU) 2015/923.
47 provisions change.
Later versions: 23/12/2020, 09/05/2023.
Recital 17 changes in this version: compare with the current text.