| Initial | End-1990 | End-1992 |
| 1. Minimum standard | The level prevailing at end-1987 | 7.25% | 8.0% |
| 2. Measurement formula | Core elements plus 100% | Core elements plus 100% (3.625% plus 3.625%) | Core elements plus 100% (4% plus 4%) |
| 3. Supplementary elements included in core | Maximum of 25% of total core | Maximum 10% of total core (i.e. 0.36%) | None |
| 4. Limit on general loan-loss reserves in supplementary elements* | No limit | 1.5 percentage points or, exceptionally up to 2.0 percentage points | 1.25 percentage points or, exceptionally and temporarily up to 2.0 percentage points |
| 5. Limit on term subordinated debt in supplementary elements | No limit
(at discretion) | No limit
(at discretion) | Maximum of 50% of tier 1 |
| 6. Deduction for goodwill | Deducted from tier 1 (at discretion) | Deducted from tier 1 (at discretion) | Deducted from tier 1 |
* This limit would only apply in the event that no agreement is reached on a consistent basis for including unencumbered provisions or reserves in capital (see paragraphs 20 and 21).
