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own funds

(1) own funds as described in articles 34 to 39of the Banking Consolidation Directive. 5 4

(2) (in ELM) the own funds of an ELMI calculated in accordance with ELM 2.4 (Calculation of initial capital and own funds).

(3) (in IPRU(INV) Chapter 8) capital, as defined in CRED 8.2.1 R16

This definition refers to provisions of the UK CRR in the form in which it stood at 31 December 2021. That version of the UK CRR can be found on legislation.gov.uk using this link.

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own funds