Substantial Investments - Appendix C

Appendix C
Equity and Exposure Limits - Specialized Financing

This document has been prepared for convenience of reference only and has no official sanction.  For all purposes of interpreting and applying the law, users should consult the applicable Specialized Financing Regulations.

Equity and Exposure Limits graphic 

“PE”: permitted entity      “SFE”: specialized financing entity      “E”: equity interest      “L”:loan

$250 m. Equity Limit – per entity

SI 1: E5 + E6

PE 2: E12

SI 2: E7 + E8

SI 3: E9 + E10

SI 4: E11

10% Regulatory Capital Limit

E1 + L1 + E2 + L2 + E5  + E11

25% Regulatory Capital Limit

SFE 1: E1 + L1 + E5 + L5 + L4

SFE 2: E2 + L2 + L4 + E10

In-house: E11 + L11

Per SFE and In-house – excluding  exposure held through another SFE