8 Amendments of Danuta Maria HÜBNER related to 2016/0360B(COD)
Amendment 43 #
Proposal for a regulation
Recital 51
Recital 51
(51) The application of the expected credit loss provisioning introduced by the revised international accounting standards on financial instruments “IFRS9”, may lead to a sudden significant increase in the capital ratios of institutions. While discussions are on-going on the appropriate prudential treatment of the impact of increased expected credit losses and to prevent an unwarranted detrimental effect on lending by credit institutions, the incremental provisioning for credit risk of IFRS9 should be phased in. it is appropriate to give credit institutions the possibility to opt for a phase-in of the incremental provisioning for credit risk of IFRS9. However, in accordance with the guidance provided by the Basel Committee on Banking Supervision, the impact on the CET1 capital of the new expected credit loss model introduced by IFRS9 should not be fully neutralised during the transitional period.
Amendment 94 #
Proposal for a regulation
Article 1 – paragraph 1 – point 119
Article 1 – paragraph 1 – point 119
Regulation (EU) No 575/2013
Article 473a– paragraph 2
Article 473a– paragraph 2
2. The amount referred to in paragraph 1 shall be calculated as the twelve month expected credit losses determined in accordance with paragraph 5.5.5 of Commission Regulation (EU) No …. / 2016 (32 ) and the amount of the loss allowance for financial instruments equal to the lifetime expected losses determined in accordance with paragraph 5.5.3 of Commission Regulation (EU) No …. / 2016 (1). _________________ 32 Commission Regulation (EU) No …./2016 of .. …… 2016 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council (OJ L , ……, p. ).greater of the following: a) zero b) the difference between the following : (i) the institution’s Common Equity Tier 1 capital calculated as of the first date of application of IFRS 9 (ii) the institution’s Common Equity Tier 1 capital calculated as of the day before the application of IRFS9
Amendment 111 #
Proposal for a regulation
Article 1 – paragraph 1 – point 119
Article 1 – paragraph 1 – point 119
Regulation (EU) No 575/2013
Article 473 a (new)–point a
Article 473 a (new)–point a
(a) 10.8 in the period from [date of application of this Article] to [ date of application of this Article + 1 year - 1 day];
Amendment 119 #
Proposal for a regulation
Article 1 – paragraph 1 – point 119
Article 1 – paragraph 1 – point 119
Regulation (EU) No 575/2013
Article 473a (new) –point b
Article 473a (new) –point b
(b) 0,86 in the period from [date of application of this Article + 1 year] to [date of application of this Article + 2 years - 1 day];
Amendment 130 #
Proposal for a regulation
Article 1 – paragraph 1 – point 119
Article 1 – paragraph 1 – point 119
Regulation 575/2013/EU
Article 473a (new)– point c
Article 473a (new)– point c
(c) 0,64 in the period from [date of application of this Article +2 years] to [date of application of this Article +3 years - 1 day];
Amendment 143 #
Proposal for a regulation
Article 1 – paragraph 1 – point 119
Article 1 – paragraph 1 – point 119
Regulation (EU) No 575/2013
Article 473a (new)– point d
Article 473a (new)– point d
Amendment 150 #
Proposal for a regulation
Article 1 – paragraph 1 – point 119
Article 1 – paragraph 1 – point 119
Regulation (EU) No 575/2013
Article 473a (new)–point e
Article 473a (new)–point e
Amendment 159 #
Proposal for a regulation
Article 1 – paragraph 1 – point 119 (new)
Article 1 – paragraph 1 – point 119 (new)
Regulation (EU) No 575/2013
Article 493a – paragraph 3a (new)
Article 493a – paragraph 3a (new)