CP13/6 - CRD IV for Investment Firms - Financial Conduct Authority

FCA 2013/xx
8B.3 R The Royal Bank of Scotland plc may treat a share falling within GENPRU
TP 8B.4R as eligible for inclusion within stage A of the capital resources
table (Core tier one capital) if it would not otherwise be eligible provided
that:
(1) the share:
(a)
(b)
had been issued on or before 30 December 2010; or
if issued after that date, is issued pursuant to a contractual
obligation requiring its issue entered into on or before 30
December 2010;
(2) as at 30 December 2010 The Royal Bank of Scotland plc was
entitled (or would have been entitled, had the share then been issued)
to include it in the calculation of its capital resources under
GENPRU as permanent share capital and, in the case of a share
which had been issued as at that date, did so include it; and
(3) the share is held by or on behalf of the Government of the United
Kingdom. [deleted]
8B.4 R The shares referred to in GENPRU TP 8B.3R are as follows:
…
(1) The Royal Bank of Scotland Group plc Series 1 Class B Shares of 1p
each; and
(2) The Royal Bank of Scotland Group plc Series 1 Dividend Access
Share of 1p;
either as separate instruments or considered together as connected
instruments. [deleted]
GENPRU TP 14 and GENPRU TP 16 are deleted in their entirety. The deleted text is not
shown.
In the following table, the words in Column (2) in the provisions in Column (1) are replaced
by the word in Column (3), except where indicated in Column (4), unless the context
otherwise requires.
Column (1)
(Handbook
provisions to be
amended)
Column (2)
(current wording)
Column (3)
(new wording)
Column (4)
(Handbook
provisions not
amended)
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