Gives the criteria for perpetual subordinated debt and irredeemable cumulative preference shares in supplementary capital: general requirements (perpetuity, repayment or redemption, loss absorption, deferral of servicing obligations, the limit on the amount), qualifying conditions for call options and step-ups, and the use of SPVs with consolidation and solo consolidation. Classification: a statutory guideline issued by the Monetary Authority under the Banking Ordinance §16(10); version V.1, 14.03.03; applies to locally incorporated AIs.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.