The EBA updates its list of Common Equity Tier 1 instruments

The European Banking Authority (EBA) published today an updated list of capital instruments that are classified as Common Equity Tier 1 (CET1).

Since the publication of the previous update in December 2022, the reference to the grandfathered instruments has been deleted as the grandfathering provisions under the Capital Requirements Regulation (CRR) came to an end on 31 December 2021. In addition, a few new instruments have been added and some others, no longer in use, have been deleted. Finally, the list reflects changes in relevant national legislative provisions.