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initial capital

      1. (1) [deleted]
      1. (2) [deleted]
      1. 128(3) [deleted]128
      1. (3A) 125(in IPRU(INV) 11 and in accordance with article 28(1) of the CRD) he amount of own funds referred to in article 26(1)(a) to (e) of the EU CRR and calculated in line with Part Two of those Regulations (Own funds)
      1. (4) (in the case of a BIPRU firm) capital resources included in stage A (Core tier one capital) of the capital resources table plus capital resources included in stage B of the capital resources table (Perpetual non-cumulative preference shares);
      1. (5) (in the case of an institution that is an EEA firm) capital resources calculated in accordance with the CRD implementation measures of its Home State for Article 4 of the Capital Adequacy Directive (Definition of initial capital) or Article 9 of the Banking Consolidation Directive (Initial capital requirements);
      1. (6) (for the purposes of the definition of dealing on own account in BIPRU and in the case of an undertaking not falling within (3) or (4)) capital resources calculated in accordance with (3) and paragraphs (3) and (4) of the definition of capital resources
      1. (7) (in IPRU(INV) 13) the initial capital of a firm calculated in accordance with IPRU(INV) 13.1A.6R.
      1. (8) (for an IFPRU investment firm and in accordance with article 28(1) of CRD) the amount of own funds referred to in article 26(1)(a) to (e) of the EU CRR and calculated in accordance with Part Two of those Regulations (Own funds).124
      1. (9) (for the purpose of the definition of dealing on own account in IFPRU) the amount of own funds referred to in article 26(1)(a) to (e) of the EU CRR and calculated in accordance with Part Two of those Regulations (Own funds).124