A measure of common equity tier 1 (CET-1) that represents gross common equity tier 1 (net of prudential filters) after addition of minority interest equity and deduction of regulatory adjustments.
Regulatory adjustments include excess minority interest equity attributable to third-party owners, intangible assets, material holdings, and adjustments for prudential filters.
Net common equity tier 1= gross common equity tier1 + minority interest equity – regulatory adjustments
