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Directive (EU) 2015/2366 (PSD2) Article 4: Definitions

This article establishes key definitions for capital requirements, payment brands, and co-badging used within the directive, requiring organizations to…

What Directive (EU) 2015/2366 (PSD2) Article 4: Definitions requires

This article establishes key definitions for capital requirements, payment brands, and co-badging used within the directive, requiring organizations to classify their capital structure and payment instruments accordingly.

Pillar: Banking & Global Finance · Authority: European Parliament and Council of the European Union · Version: 1.0.0 · Last updated:

Primary source: https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32015L2366

SHA-256 integrity: 371fb1bdd0c1c84f85f8bb7731e9a899b527047b8b6043055a1c7ae91e8899d3

Primary Citations — 6 traced to source

  • Article 4(1): 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
  • Article 4(1): and Tier 2 is equal to or less than one third of Tier 1 capital

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