Guidance

Where the Risk Capital Requirement forms the Capital Requirement of an Authorised Person in Category 1, 2, or 5 it should therefore hold sufficient total Capital Resources of the quality required to meet the following requirements:

a. the capital ratios specified in Rule 3.16.2;
b. any Individual Capital Requirement as may be imposed pursuant to Chapter 10;
c. the Combined Buffer; and
c. any other buffer, where applicable.