2 Amendments of Cora van NIEUWENHUIZEN related to 2016/0360B(COD)
Amendment 89 #
Proposal for a regulation
Article 1 – paragraph 1 – point 119
Article 1 – paragraph 1 – point 119
Regulation (EU) No 575/2013
Article 473a – paragraph 1
Article 473a – paragraph 1
1. Until [date of application of this Article + 5 years]31 December 2022, institutions that prepare their accounts in conformity with the international accounting standards adopted in accordance with the procedure laid down in Article 6(2) of Regulation (EC) No 1606/2002 may add to their Common Equity Tier 1 capital the amount calculated in accordance with paragraph 2 of this Article multiplied by the applicable factor laid down in paragraph 3. , and institutions that are required pursuant to Article 24(2) of this Regulation to effect the valuation of assets and off-balance sheet items and the determination of own funds in accordance with international accounting standards, may, by way of derogation from Article 50 of this Regulation, add to their Common Equity Tier 1 capital the amount calculated in accordance with paragraph 2 of this Article multiplied by the applicable factor laid down in paragraph 3. During the transitional period, an institution may, on a one time basis, change its decision to apply transitional provisions as set out in this Article where it has received prior permission of the competent authority. Institutions shall disclose the decision taken in accordance with this sub- paragraph.
Amendment 160 #
Proposal for a regulation
Article 1 – paragraph 1 – point 119 (new)
Article 1 – paragraph 1 – point 119 (new)
3a. During the period set out in paragraph 1, in addition to disclosing the information required in Article 99, institutions which choose to apply this Article shall report the amount of own funds, Common Equity Tier 1 capital, Tier 1 capital, the Common Equity Tier 1 capital ratio, the Tier 1 capital ratio, the total capital ratio and leverage ratio they would have in case they would not apply this Article. EBA shall, in accordance with Article 16 of Regulation (EU) No 1093/2010, issue guidelines by [31 December 2017] on the reporting requirements laid down in this Article.