FSA issues statement on profit participating deferred shares | Practical Law

FSA issues statement on profit participating deferred shares | Practical Law

On 12 June 2009, the FSA issued a statement on a new, more loss-absorbing capital instrument for building societies, known as profit participating deferred shares.

FSA issues statement on profit participating deferred shares

Practical Law UK Legal Update 2-386-4150 (Approx. 3 pages)

FSA issues statement on profit participating deferred shares

by PLC Financial Services
Published on 12 Jun 2009 • United Kingdom
On 12 June 2009, the FSA issued a statement on a new, more loss-absorbing capital instrument for building societies, known as profit participating deferred shares.