Response to consultation on draft technical standards on own funds - Part IV

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Is the application of the different tests clear? How do you assess the approach retained for non-joint stock companies?

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How do you assess the applicability of the conditions in paragraph 2?

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Is the chosen approach applicable to all instruments that may be issued by non-joint stock institutions?

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How do you assess the proposed levels of 30% for the payout ratio in paragraph 5(d) of Article 7b?

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Is the application of the different tests clear? How do you assess the approach retained for non-joint stock companies?

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Name of organisation

Association of Danish Mortgage Banks