Pillar 2 capital requirement definition

Pillar 2 capital requirement means the capital requirement that an AI is required to meet in respect of its Pillar 2 risks, as derived from the SRP. This capital requirement will form the basis for determining an AI’s §97F minimum CAR (i.e. its CET1 capital ratio, Tier 1 capital ratio, and Total capital ratio) and §97F buffer level (if applicable);
Sample 1Sample 2Sample 3

Examples of Pillar 2 capital requirement in a sentence

  • With its decision the Single Supervisor has lowered, compared to the SREP decision of the previous year, the Pillar 2 capital requirement by 25 basis points to 175 basis points, applicable from 1 January 2020.

  • With its decision the Single Supervisor has lowered the Pillar 2 capital requirement by 25 basis point to 175 basis point, applicable from 1st January 2020.

  • Below you find a short summary of the evaluation of the different risks and additional Pillar 2 capital requirement, where considered necessary.

  • The Company analyses and evaluates the risk and calculates additional Pillar 2 capital requirement (if deemed necessary) for the following risk categories: • credit and counterparty risk• market risk• operational risk• liquidity- and financing risk• concentration risk• business risk, including reputational risk and ownership risk• other risk.

  • The Pillar 2 capital requirement charge is set by the PRA as part of its Supervisory Review and Evaluation Process and covers additional risks not deemed to be included in the Pillar 1 capital requirement charge.

  • The Pillar 2 capital requirement is calculated by Columbus Point as representing any additional capital to be maintained against any risks not adequately covered under the requirement in Pillar 1 as part of its ICAAP.

  • With its decision the Single Supervisor left unchanged, compared to the SREP decision of 20199, the Pillar 2 capital requirement at 175 basis points (to be held in the form of 56.25% of CET1 capital and 75% of Tier 1 capital, as a minimum).

  • EISL’s Pillar 2 capital requirement, which is its own assessment of the minimum amount of capital that it believes is adequate against the risks identified, has been assessed as higher than its own funds requirement.

  • The Pillar 2 capital requirement complements the minimum capital requirement laid down in the Capital Requirements Regulation.

  • InfraRed has assessed its Pillar 2 capital requirement as part of the ICAAP, including through the use of scenario tests.

Related to Pillar 2 capital requirement

  • Collateral Requirement means the requirement that:

  • FILOT Act Minimum Investment Requirement means, with respect to the Project, an investment of at least $2,500,000 by the Company, or of at least $5,000,000 by the Company and any Sponsor Affiliates in the aggregate, in Economic Development Property.

  • Initial compliance period means the three-year compliance period that begins January 1, 1993, except for the MCLs for dichloromethane, 1,2,4-trichlorobenzene, 1,1,2-trichloroethane, benzo(a)pyrene, dalapon, di(2-ethylhexyl)adipate, di(2-ethyl- hexyl)phthalate, dinoseb, diquat, endothall, endrin, glyphosate, hexachlorobenzene, hexachlorocyclopentadiene, oxamyl, picloram, simazine, 2,3,7,8-TCDD, antimony, beryllium, cyanide, nickel, and thallium, as they apply to a supplier whose system has fewer than 150 service connections, for which it means the three-year compliance period that began on January 1, 1996.

  • Reportable Compliance Event means that any Covered Entity becomes a Sanctioned Person, or is charged by indictment, criminal complaint or similar charging instrument, arraigned, or custodially detained in connection with any Anti-Terrorism Law or any predicate crime to any Anti-Terrorism Law, or has knowledge of facts or circumstances to the effect that it is reasonably likely that any aspect of its operations is in actual or probable violation of any Anti-Terrorism Law.

  • Environmental Requirement means any Environmental Law, agreement or restriction, as the same now exists or may be changed or amended or come into effect in the future, which pertains to any Hazardous Material or the environment including ground or air or water or noise pollution or contamination, and underground or aboveground tanks.

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $10,000,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).