Prudential Regulation Authority Rulebook

11.1

[Deleted.]

11.2

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11.3

[Deleted.]

11.4

[Deleted.]

11.5

[Deleted.]

11.6

[Deleted.]

11.7

The applicable percentage for the purposes of Article 469(1)(c) of the CRR as it applies to the items referred to in point (c) of Article 36(1) that existed prior to 1 January 2014 shall be:

1. (1) 100% for the period from 1 January 2014 to 31 December 2014;
2. (2) 100% for the period from 1 January 2015 to 31 December 2015;
3. (3) 100% for the period from 1 January 2016 to 31 December 2016;
4. (4) 100% for the period from 1 January 2017 to 31 December 2017;
5. (5) 100% for the period from 1 January 2018 to 31 December 2018;
6. (6) 100% for the period from 1 January 2019 to 31 December 2019;
7. (7) 100% for the period from 1 January 2020 to 31 December 2020;
8. (8) 100% for the period from 1 January 2021 to 31 December 2021;
9. (9) 100% for the period from 1 January 2022 to 31 December 2022; and
10. (10) 100% for the period from 1 January 2023 to 31 December 2023.

[Note: Art 469(1)(c), 478(2) of the CRR]

11.8

[Deleted.]

11.9

[Deleted.]

11.10

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11.11

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11.12

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11.13

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11.14

[Deleted.]

11.15

The applicable percentage for the purposes of Article 486(2), (3) and (4) of the CRR shall be:

1. (1) 80% for the period from 1 January 2014 to 31 December 2014;
2. (2) 70% for the period from 1 January 2015 to 31 December 2015;
3. (3) 60% for the period from 1 January 2016 to 31 December 2016;
4. (4) 50% for the period from 1 January 2017 to 31 December 2017;
5. (5) 40% for the period from 1 January 2018 to 31 December 2018;
6. (6) 30% for the period from 1 January 2019 to 31 December 2019;
7. (7) 20% for the period from 1 January 2020 to 31 December 2020; and
8. (8) 10% for the period from 1 January 2021 to 31 December 2021.

[Note: Art 486 of the CRR]