Capital Cover Ratio definition
Capital Cover Ratio means the ratio of the Group’s total capital (consisting of tier 1 capital and tier 2 capital) to the legal minimum requirement as applicable from time to time as regards its total capital required to cover its risk exposure amount, as reported by the Issuer to the Swedish FSA in accordance with applicable legal requirements in its most recent quarterly regulatory capital adequacy report on a Group consolidated basis.
Capital Cover Ratio has the meaning given to it in Clause 14.1;
Capital Cover Ratio means the ratio of (A) the Issuer and its Subsidiaries total capital ratio, defined as its own funds (consisting of CET1 capital, additional tier 1 capital and tier 2 capital) as defined in article 72 of CRR, as amended or replaced from time to time, expressed as a percentage of the total risk exposure amount as defined in article
Examples of Capital Cover Ratio in a sentence
Such compliance certificate shall include calculations and figures in respect of the Capital Cover Ratio and the Pro forma Recalculation and an extract of the most recent regulatory capital adequacy report prepared by the Parent and submitted to the Swedish FSA and the audited consolidated annual accounts for the group of companies comprising the Issuer and its Subsidiaries for the Relevant Financial Year.
The Issuer shall ensure that the Capital Cover Ratio as of the last day of each financial quarter shall not be less than 1.10:1.