By way of derogation from Article 56, during the period from 1 January 2014 to 31 December 2017, the following shall apply:
(a)
institutions shall deduct from Additional Tier 1 items the applicable percentage specified in Article 478 of the amounts required to be deducted pursuant to Article 56;
(b)
institutions shall apply the requirements laid down in Article 475 to the residual amounts of the items required to be deducted pursuant to Article 56.
Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04
CitationArticle 474 of Regulation (EU) No 575/2013 (LawPlayer, data as of 2026-07-04)
