regulatory capital resources
- (a) are treated as capital for the purpose of the laws and regulations about the maintenance of adequate capital that apply to it (including those imposed by or under the regulatory system or by a regulatory body); and
- (b) fall within the definition of own funds in the Banking Consolidation Directive or that the Banking Consolidation Directive allows EEA States to treat as own funds.8
(in ELM) (in relation to a full credit institution) those parts of its capital that: