Building Societies – Creditor Hierarchy | Prudential Regulation Authority Handbook & Rulebook
Prudential Regulation Authority Rulebook

Prudential Regulation Authority Rulebook

Part

Definition of Capital

Chapter

Building Societies – Creditor Hierarchy

Printed on: 20/06/2025

Rulebook at: 17/05/2025


10

Building Societies – Creditor Hierarchy

10.1

This Chapter applies to every firm that is a building society.

  • 01/01/2014

10.2

A firm must ensure that any Additional Tier 1 instrument or Tier 2 instrument issued by it is contractually subordinated to its non-deferred shares.

  • 01/01/2014