Examples of Tier 1 Capital Instruments in a sentence
Line item 38 Previously Issued Tier 1 Capital Instruments (Excluding Minority Interest) that would No Longer Qualify (please report 100% value)Report 100% of the value of previously issued Tier 1 capital instruments that will no longer qualify as Tier 1 capital as per the revised regulatory capital rule (including perpetual preferred stock and trust preferred securities subject to phase-out arrangements).
Details of the Additional Tier 1 Capital Instruments are outlined below.
Any redemption of Perpetual Capital Securities intended to qualify as Additional Tier 1 Capital Instruments by the Issuer is subject to the Issuer obtaining the prior written approval of the Monetary Authority.
Relevant Tier 1 Capital Instruments means Tier 1 Capital instruments (including BOQ CPS) that, in accordance with their terms or by operation of law, are capable of being converted or written off where a Capital Trigger Event or Non-Viability Trigger Event (as may be the case) occurs.
If a bank does not meet its Pillar 2 guidance, the mandatory restrictions on discretionary payments (including payments on its CET1 and Additional Tier 1 Capital Instruments such as the Securities and certain variable remuneration (such as bonuses) or discretionary pension benefits) based on its MDA will not automatically apply.
The Terms and Conditions of the Securities do not limit the amount of liabilities ranking senior or pari passu in priority of payment to the Securities which may be incurred or assumed by the Issuer from time to time, whether before or after the issue date of the Securities nor do they restrict the Issuer in issuing Additional Tier 1 Capital Instruments with other write-down mechanisms or trigger levels or that convert into shares upon a trigger event.
Line item 38 Previously Issued Tier 1 Capital Instruments (Excluding Minority Interest) that would No Longer Qualify (please report 100% value)Report 100% of the value of previously issued Tier 1 capital instruments that will no longer qualify as Tier 1 capital as per the regulatory capital rule (including perpetual preferred stock and trust preferred securities subject to phase-out arrangements).
Table 3.1 outlines the application of the grandfathering provisions in respect of the Additional Tier 1 Capital Instruments of AmBank.
Table 3.1 outlines the application of the grandfathering provisions in respect of the Additional Tier 1 Capital Instruments of the Group and the Bank.
Line item 38 Previously Issued Tier 1 Capital Instruments (Excluding Minority Interest) that would No Longer Qualify (please report 100% value)Report 100% of the value of previously issued Tier 1 capital instruments that will no longer qualify as Tier 1 capital as per the revised regulatory capital rule (including perpetual preferred stock and trust preferred securities subject to phase‐out arrangements).