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Capital Requirements Regulation (CRR)
Article 58

Article 58 — Deduction of holdings of Additional Tier 1 instruments of financial sector entities and where an institution has a reciprocal cross holding designed artificially to inflate own funds

Institutions shall make the deductions required by points (b), (c) and (d) of Article 56 in accordance with the following:

  1. holdings of Additional Tier 1 instruments shall be calculated on the basis of the gross long positions;
  2. Additional Tier 1 own-fund insurance items shall be treated as holdings of Additional Tier 1 instruments for the purposes of deduction.