EBA has published a consultation paper proposing technical standards (TS), under CRR, on own funds requirements for mutuals, cooperative societies, savings banks or similar institutions. Part I of the cosultation on TS on own funds, launched in April, specified how these institutions’ capital instruments can qualify as tier 1 core equity if the institutions are able to impose limits on their redemption. The present draft TS seek to set the conditions for an institution to operate under the specific status of mutual, cooperative society, savings institution or similar institution. The consultation is open until 21 December. (Source: EBA Consultation on TS for Mutuals Own Funds)