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Supervisory tools: Definition of Core Tier 1 Capital
From its commencement on 1 April 2013, the Prudential Regulation Authority (PRA) has adopted a number of legacy Financial Services Authority (FSA) publications relevant to the advancement of its objectives.
Published on
01 April 2013
This letter, issued by the FSA to the BBA on 1 May 2009, has been adopted by the PRA as part of this process as it provides information for firms on how to calculate Core Tier 1 Capital for certain reporting and disclosure purposes. The PRA may choose to review this legacy material at a later stage.
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