Activities of Wolf KLINZ related to 2010/2074(INI)
Plenary speeches (1)
Basel II and revision of the Capital Requirements Directive (CRD 4) (debate)
Amendments (17)
Amendment 31 #
Motion for a resolution
Recital H a (new)
Recital H a (new)
Ha. whereas the strict obedience of the ‘substance-over-form’ principle shall be taken into account by all relevant authorities to prevent non-appropriate results,
Amendment 41 #
Motion for a resolution
Recital J a (new)
Recital J a (new)
Ja. whereas reforms of the Basel II revision must go "hand in hand" with structural reforms of bank supervision,
Amendment 42 #
Motion for a resolution
Recital J b (new)
Recital J b (new)
Jb. whereas existing metrics must be refined and eventually new metrics be developed to measure systemic risks, whereas such metrics shall be used for identifying system-relevant institutions to strengthen their capital or liquidity base,
Amendment 77 #
Motion for a resolution
Paragraph 10
Paragraph 10
Amendment 84 #
Motion for a resolution
Paragraph 11
Paragraph 11
11. Calls on the Commission to continue to further integrate EU supervision of the banking sector and to introduce a European Systemic Risk Board;
Amendment 109 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Is of the view thatUnderlines, in order not to disadvantage certainany business models of non- joint stock companies, in particular cooperatives and savings banks, capital must be, irrespective of the legal form, defined in a balanced manner on the basis of the quality of capital instruments (i.e. permanence, loss absorbance, flexibility of payment) rather than their particular legal form;
Amendment 116 #
Motion for a resolution
Paragraph 16 a (new)
Paragraph 16 a (new)
16a. Stresses that a grandfathering clause up to 10 years for own funds instruments which are recognised as such under the current rules should be established in order to give institutions time to adjust to the new conditions and to avoid provoking friction in lending;
Amendment 117 #
Motion for a resolution
Paragraph 16 b (new)
Paragraph 16 b (new)
16b. Urges the Commission to review the proposed eligibility criteria for core tier 1 capital and restrict the catalogue to those requirements which are necessary to ensure the quality of capital (i.e. permanence, loss absorbance, flexibility of payment; underlines that the treatment of coupons and dividends is not relevant for the quality of capital and therefore supports the Commission not to consider additional eligibility requirements in relation to the treatment of capital instruments;
Amendment 120 #
Motion for a resolution
Paragraph 16 c (new)
Paragraph 16 c (new)
16c. Asks the Commission to review the proposed prudential filters and deductions such as the treatment of deferred tax assets and minority interests;
Amendment 121 #
Motion for a resolution
Paragraph 16 d (new)
Paragraph 16 d (new)
16d. Urges the Commission to take into account the already tightened standards for both, core and non core Tier 1 capital when calibrating the predominant part of Tier 1 capital, and that an additional increase of the limit is not deemed necessary;
Amendment 153 #
Motion for a resolution
Paragraph 20
Paragraph 20
20. Is of the view that a "liquidity coverage ratio" should take greater account of the risk of concentration of eligible assets in any liquidity buffer, encourage diversification in terms of assets allowing Eurosystem eligibility and discourage excessive concentration into one particular asset class;
Amendment 169 #
Motion for a resolution
Paragraph 23
Paragraph 23
Amendment 182 #
Motion for a resolution
Paragraph 25
Paragraph 25
25. Recognises the benefits of through- the-cycleforward- looking provisioning (expected loss approach) as a possible measure to reduce pro-cyclicality and encourage recognition of expected credit losses with regard to the business cycle;
Amendment 206 #
Motion for a resolution
Paragraph 28
Paragraph 28
28. Is of the view that such a ratio, in order to be effective, must comprise off-balance sheet items and derivatives, must be clearly defined, simple and with regard to the different accounting standards comparable internationally and should take into account the different leverage ratios and netting provisions existing internationally;
Amendment 219 #
Motion for a resolution
Paragraph 29 a (new)
Paragraph 29 a (new)
29a. Stresses in this context that a "crude" (undifferentiated) LR promotes the danger of regulatory capital arbitrage by shifting financial assets into more risky exposures;
Amendment 257 #
Motion for a resolution
Paragraph 35 a (new)
Paragraph 35 a (new)
35a. Welcomes in principle the effort to achieve maximum harmonisation in relation to real estate lending; is of the view, however, that flexibility with respect to the treatment of mortgage lending in the EU shall be maintained, given that these markets always developed differently in the past as they did during the financial crisis. The Commission should therefore refrain from tightening the requirements for the preferential treatment of mortgage exposures in stable mortgage markets;
Amendment 258 #
Motion for a resolution
Paragraph 35 b (new)
Paragraph 35 b (new)
35b. Underlines that no demand can be seen to review the use of going concern Tier-1 capital for large exposures purpose and therefore according to the current law both going concern and gone concern capital should be the kept as basis of identification of large exposures and the large exposure limits;