Own Funds (OF)

This question has been rejected because the issue it deals with is already explained or addressed in the Guidelines on the classification of Own Funds (EIOPA-BoS-14/168). In fact, subordinated liabilities shall be excluded from the basic own fund items, due to repayment or redemption, from the date of notice to holders of the item or, if no notice is required, the date of supervisory approval. This applies for subordinated liabilities classified as Tier 1 (Paragraph 1.37), Tier 2 (Paragraph 1.48) and Tier 3 (Paragraph 1.55).