This document outlines conditions under which certain shares held by undertakings are excluded from the eligible capital limits as delineated in Article 89(1). Specifically, shares are exempt when held temporarily during financial assistance operations, as an underwriting position for five working days or less, or in the institution's own name on behalf of other parties.

Additionally, shares that do not qualify as financial fixed assets per Article 35(2) of Directive 86/635/EEC are similarly excluded from calculations referenced in Article 89. This regulatory guidance aims to clarify and streamline the treatment of share holdings in capital adequacy assessments.