own funds definition

own funds means the sum of Tier 1 capital and Tier 2 capital;

own funds means own funds as defined in point (118) of Article 4(1) of Regulation (EU) No 575/2013;

own funds means funds as defined in point 118 of Article 4(1) of Regulation (EU) No 575/2013 where at least 75% of the Tier 1 capital is in the form of Common Equity Tier 1 capital as referred to in Article 50 of that Regulation and Tier 2 is equal to or less than one third of Tier 1 capital;

Examples of own funds in a sentence

• Capital ManagementThe ‘Capital Management’ section of the report describes the objectives, policies and procedures employed by the Company for managing its Own Funds.

• Reconciliation of Basic Own Funds to Equity as per Financial Statements as at 31 December Transitional Arrangements None of the Company’s own funds are subject to the transitional arrangements referred to in Articles 308b(9) and 308b(10) of Directive 2009/138/EC.

• The section also covers information on structure and quality of Own Funds and calculation of SCR.E.1 Own Funds‌E.1.1 Management of Own FundsThe Company’s own funds and risk management objectives are closely interlinked and support earnings growth and dividend policy, whilst also recognising the critical importance of protecting policyholder and other stakeholder interests.

• Exposure measurement and monitoringThe primary basis used by the Company to measure and assess risks is the Solvency II SCR, which is calculated as Solvency II Own Funds at risk in a 1-in-200 year loss event over a one year time horizon.

• E.1.2 Eligible Own FundsAn analysis of the Company’s Own Funds by tier is presented in the Own Funds QRT S.23.01.01, (see Appendix F.1.5), and summarised below.

More Definitions of own funds

own funds means own funds as referred to in Title V, Chapter 2, Section 1 of Directive 2006/48/EC;

own funds means the amount of shareholders’ and other funds which qualify as actual own funds (toetsingsvermogen) under the Solvency Rules.

own funds means either of the following:

own funds means own funds within the meaning of Chapter 2 of Title V of Directive 2006/48/EC;

own funds means own funds as referred to in Articles 56 to 67 of Directive 2006/48/EC;

own funds means (1) cash, corporate capital, or warehouse credit lines at commercial banks, savings banks, savings and loan associations, industrial loan companies, or other sources that are liability items on a lender’s financial statements, whether secured or unsecured, or (2) a lender’s affiliate’s cash, corporate capital, or warehouse credit lines at commercial banks or other sources that are liability items on the affiliate’s financial statements, whether secured or unsecured. “Own funds” does not include funds provided by a third party to fund a loan on condition that the third party will subsequently purchase or accept an assignment of that loan.

own funds means own funds as defined in Title V, Chapter 2, Section 1 of Directive 2000/12/EC; this definition may, however, be amended in the circumstances described in Annex V of Directive 93/6/EEC (5).