Article (8) Capital Instruments

An Open Finance Provider’s aggregate capital funds consist of:
1.1. paid-up capital;
1.2. reserves, excluding revaluation reserves; and
1.3. retained earnings.
An Open Finance Provider’s aggregate capital funds cannot be met by any capital held within their entity which is otherwise allocated as any other regulatory capital for Licensed Financial Activities.
The following items must be deducted from the aggregate capital funds:
3.1 accumulated losses;
3.2 goodwill; and
3.3 any other items as determined by the Central Bank.

1.1.	paid-up capital;
1.2.	reserves, excluding revaluation reserves; and
1.3.	retained earnings.

3.1	accumulated losses;
3.2	goodwill; and
3.3	any other items as determined by the Central Bank.