Regulatory Alerts2021-12-06
Added · Updated
Annex 1 to Instruction No. 2014-I-12: Presentation and Regulatory References for the Declaration Statement
Establishments subject to regulation must report amounts increasing or decreasing own funds or capital requirements as positive or negative figures, respectively, with negative signs indicating mandatory negative declarations. Electronic money institutions must report total own funds defined under Regulation (EU) No 575/2013 and calculate minimum capital requirements using Method D, requiring own funds to be at least 2% of the average electronic money in circulation. Institutions also offering payment services may calculate minimum capital using Method A (10% of fixed overheads), Method B (tiered payment volume scaled by factor k), or Method C (indicator from Method A multiplied by factors p and k). Institutions using the standard credit risk approach must maintain own funds determined according to the standard approach for total credit granted under Regulation (EU) No 575/2013.