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FCA Handbook
Glossary
tier one capital

tier one capital

(1) (in ELM) the tier one capital of an ELMI calculated in accordance with ELM 2.4 (Calculation of initial capital and own funds).14

(2) (in PRU ) an item of capital that is specified in stages A, B or C of the table in PRU 2.2.14 R.14 4

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tier one capital