Hybrid capital - Revision history

imported>Doug Williamson: Layout.

2020-11-26T12:19:41Z

Layout.

← Older revision		Revision as of 12:19, 26 November 2020
Line 9:		Line 9:
	*Being regarded as equity for credit rating purposes.		*Being regarded as equity for credit rating purposes.
	*Qualifying as regulatory capital, especially under the regulatory capital rules for banks and insurance companies.		*Qualifying as regulatory capital, especially under the regulatory capital rules for banks and insurance companies.


	Relevant debt features may include the tax-deductibility of coupon payments.		Relevant debt features may include the tax-deductibility of coupon payments.

imported>Doug Williamson: Add link.

2020-11-26T12:11:03Z

Add link.

← Older revision		Revision as of 12:11, 26 November 2020
Line 30:		Line 30:
	* [[Equity]]		* [[Equity]]
	* [[Equity instrument]]		* [[Equity instrument]]
			* [[Hybrid]]
	* [[Financial instrument]]		* [[Financial instrument]]
	* [[Financial reporting]]		* [[Financial reporting]]

imported>Doug Williamson: Create page. Source: KPMG webpage https://home.kpmg/uk/en/home/insights/2020/02/hybrid-capital-instruments.html and UK Gov https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/796328/Hybrid_capital_instruments.pd

2020-11-26T12:10:35Z

Create page. Source: KPMG webpage https://home.kpmg/uk/en/home/insights/2020/02/hybrid-capital-instruments.html and UK Gov https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/796328/Hybrid_capital_instruments.pd

New page

''Law - financial reporting - tax - credit rating''.

Hybrid capital instruments have features both of equity and of debt.

Relevant equity features may include:
*Entitling the issuer to defer or cancel coupon (interest) payments.
*Being treated as equity for financial reporting purposes.
*Being regarded as equity for credit rating purposes.
*Qualifying as regulatory capital, especially under the regulatory capital rules for banks and insurance companies.

Relevant debt features may include the tax-deductibility of coupon payments.

== See also ==
* [[An introduction to equity capital]]
* [[Bank supervision]]
* [[Capital]]
* [[Capital instrument]]
* [[Capital employed]]
* [[Capital structure]]
* [[Common equity]]
* [[Common stock]]
* [[Compound instrument]]
* [[Coupon]]
* [[Credit rating]]
* [[Debt]]
* [[Distribution]]
* [[Dividend]]
* [[Equity]]
* [[Equity instrument]]
* [[Financial instrument]]
* [[Financial reporting]]
* [[Hybrid debt]]
* [[Kay Review]]
* [[Liabilities and equity]]
* [[Mezzanine]]
* [[Ordinary shares]]
* [[Own funds]]
* [[Regulation]]
* [[Share capital]]
* [[Total Loss Absorbing Capacity]]

[[Category:Accounting,_tax_and_regulation]]
[[Category:Compliance_and_audit]]
[[Category:Financial_products_and_markets]]