Label: |
Holdings of own Capital instruments and any unused trading limit agreed with APRA |
Concept Guidance: |
This is the value, as at the relevant date, of the reporting entity's holdings of its own capital instruments, unless exempted by APRA. Include:- any unused trading limit on these instruments where agreed with APRA- instruments that the entity is obliged to purchase.This item is calculated for capital adequacy purposes and is to be determined in accordance with relevant Prudential Standards.
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Form-Specifc Guidance: |
For the purposes of Prudential Standard APS 111, an ADI or member of a group headed by an ADI may, as a result of membership of a dealer panel, trading or other activities agreed with APRA, undertake limited purchases of its own Tier 1 and Tier 2 capital instruments, or capital instruments issued by other members of the group (refer to APS 110). Such purchases are subject to a limit agreed with APRA, and the amount equal to the limit (or alternatively any actual holdings plus unused limit) must be deducted from Tier 1, Upper or Lower Tier 2 capital as appropriate, both at Level 1 and Level 2. This requirement does not apply to holdings of capital instruments by members of a group on behalf of third parties.
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