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additional tier 1 instrument

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additional tier 1 instrument

(1) (in relation to an instrument issued by a MIFIDPRU investment firm) a capital instrument that qualifies as an additional tier 1 capital instrument under article 52 of the UK CRR as applied and modified by the requirements in MIFIDPRU 3.4.168
(2) (in any other case)168 a capital instrument that qualifies as an additional tier 1 capital instrument under article 52 of the UK CRR.

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