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  • CET1 Deductions Relating to Significant Investment in a Relevant Entity

    • PIB 3.13.13

      For the purposes of PIB Rule 3.13.7(g) and (h), an investment by an Authorised Firm in a Relevant Entity must be considered as a significant investment if it meets any of the following conditions:

      (a) the Authorised Firm owns more than 10% of the CET1 Capital instruments issued by that entity;
      (b) the Authorised Firm has Close Links with that entity and owns CET1 Capital instruments issued by that entity; and
      (c) the Authorised Firm owns CET1 Capital instruments issued by that entity and the entity is not included in consolidation pursuant to PIB chapter 8 but is included in the same accounting consolidation as the Authorised Firm for the purposes of financial reporting under the International Financial Reporting Standards.
      Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]