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Directive 2006/48/EC of the European Parliament and of the council of 14 June 2006 relating to the taking up and pursuit of the business of credit institutions (recast) (Text with EEA relevance) (repealed)
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a summary of the credit institution's approach to assessing the adequacy of its internal capital to support current and future activities;
for credit institutions calculating the risk‐weighted exposure amounts in accordance with Articles 78 to 83, 8 per cent of the risk‐weighted exposure amounts for each of the exposure classes specified in Article 79;
for credit institutions calculating risk‐weighted exposure amounts in accordance with Articles 84 to 89, 8 per cent of the risk‐weighted exposure amounts for each of the exposure classes specified in Article 86. For the retail exposure class, this requirement applies to each of the categories of exposures to which the different correlations in Annex VII, Part 1, points 10 to 13 correspond. For the equity exposure class, this requirement applies to:
each of the approaches provided in Annex VII, Part 1, points 17 to 26;
exchange traded exposures, private equity exposures in sufficiently diversified portfolios, and other exposures;
exposures subject to supervisory transition regarding capital requirements; and
exposures subject to grandfathering provisions regarding capital requirements;
minimum capital requirements calculated in accordance with Article 75, points (b) and (c); and
minimum capital requirements calculated in accordance with Articles 103 to 105, and disclosed separately.
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