Consultation
Draft proposal for a common EU definition of Tier 1 hybrids (CP17)
Start Date: 07/12/2007 | Deadline: 22/02/2008 | Status: Closed
The Committee of European Banking Supervisors (CEBS) is publishing a consultation paper on its proposals for a common EU definition of Tier 1 hybrids (CP17). Hybrid capital instruments may mix features of both debt and equity and can be considered as eligible as original own funds (‘Tier 1') in the EEA provided that they meet certain criteria.
CEBS invites all interested party to examine the proposals and to send their comments by 22 February 2008.
Responses
- European Banking Federation (EBF)
- Morgan Stanley
- Societe Generale Corporate and Investment Banking
- Citigroup Global Markets Ltd
- Dresdner Kleinwort (DKIB)
- Austrian Federal Economic Chamber (WKO)
- European Association of Cooperative Banks (EACB)
- European Association of Public Banks (EAPB)
- Zentraler Kreditausschuss (ZKA)
- Swedish Bankers' Association
- Belgian Bankers' and Stockbroking Firms' Association (Febelfin)
- BNP Paribas (issuer)
- Barclays
- Barclays Capital
- Linklaters
- Federation Bancaire Francaise (FBF)
- International Banking Federation (IBFed)
- Irish Banking Federation (IBF)
- Confederacion Espanola de Cajas de Ahorros (CECA)
- Allied Irish Banks (AIB)
- Anglo Irish Bank Corporation (AIBC)
- Intesa Sanpaolo (ISP)
- Building Societies Association (BSA)
- Caixa Economica Montepio Geral
- British Bankers Association & London Investment Banking Association (BBA/LIBA)
- BANIF
- Japanese Bankers Association (JBA)
- BNP Paribas (InvBank)
- Italian Banker's Association (ABI)
- Prudential Plc Letter