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13 Amendments of Othmar KARAS related to 2010/2074(INI)

Amendment 1 #
Motion for a resolution
Citation 5
– having regard to the Basel Committee on Banking Supervision's consultative document on strengthening the resilience of the banking sector4 ,and international framework for liquidity risk measurement, standards and monitoring[5], [5] Basel Committee's consultative proposals on an international framework for liquidity risk measurement, standards and monitoring from 16.12.2009, http://www.biz.org/publ/bcbs165.htm.
2010/06/15
Committee: ECON
Amendment 23 #
Motion for a resolution
Recital F
F. whereas a "one size fits all" approach without taking into consideration banks’ specific risk profile is detrimental to the European banking industry and consequently may harm economic growth and economic recovery,
2010/06/15
Committee: ECON
Amendment 60 #
Motion for a resolution
Paragraph 4
4. Urges the Basel Committee to take proper account of such specificities, as well as differences between investment and traditional retail banking services as well as transaction banking services, in the revised Basel II rules;
2010/06/15
Committee: ECON
Amendment 110 #
Motion for a resolution
Paragraph 15
15. Is of the view that, in order to guarantee a level playing field and in order not to disadvantage certain business models of non-joint stock companies, in particular cooperatives, mutuals and savings banks, capital must be 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;
2010/06/15
Committee: ECON
Amendment 115 #
Motion for a resolution
Paragraph 16
16. Urges the Basel Committee and the Commission, when defining eligible capital instruments, to take proper account of the needs and particularities of non-joint stock companies (i.e. cooperatives, mutuals and savings banks), which account for a large portion of the European banking industry;
2010/06/15
Committee: ECON
Amendment 125 #
Motion for a resolution
Paragraph 17
17. Urges the Basel Committee and the Commission to ensure that, in consolidated capital calculations, both risk and capital are taken into account in a balanced manner and that particular capital received from minorities directly contributed to credit institutions within the same banking group should be appropriately recognized (i.e. minority interest);
2010/06/15
Committee: ECON
Amendment 136 #
Motion for a resolution
Paragraph 19
19. Considers developing high quality liquidity standards to be a key part of the crisis response but acknowledges that liquidity standards should instead of implementing a one size fits all regime take into account the particularities of a bank’s business model and their risk profile;
2010/06/15
Committee: ECON
Amendment 179 #
Motion for a resolution
Paragraph 24
24. Welcomes the attempt to identify a set of harmonized macro-economic variables in order to build efficient counter-cyclical buffers;
2010/06/15
Committee: ECON
Amendment 188 #
Motion for a resolution
Paragraph 26
26. Calls for international convergence between reporting for accounting and reporting for regulatory purposes, in particular as regards an expected loss approach in disclosed profit, to take account of the lessons learned from the crisis and ensure that the same set of clear and transparent rules are used when generating information for supervisors and investors; cautions about the negative impact of dual reporting;
2010/06/15
Committee: ECON
Amendment 207 #
Motion for a resolution
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 comparable internationally and should take into account the different leverage ratios and accounting standards existing internationally;
2010/06/15
Committee: ECON
Amendment 217 #
Motion for a resolution
Paragraph 29
29. Is, however, concerned that a crude LR may penalise entities providing traditional low-risk and liquid banking services (such as retail, corporate and real-estate financing as well as transaction banking services) or economies where the corporate sector is financed predominantly through lending;
2010/06/15
Committee: ECON
Amendment 249 #
Motion for a resolution
Paragraph 33
33. Call for different capital treatment for an OTC transaction and a transaction through a central counterparty (CCP), provided that the CCP meets high-level requirements to be defined in European legislation while taking into account standards agreed at international level, with due regard for the potential costs for the corporate sector of using derivatives to hedge its commercial activities and calls for incentivising improved standards of counterparty credit risk management for non-centrally cleared exposures (bilateral clearing); where the highest standards of bilateral clearing apply;
2010/06/15
Committee: ECON
Amendment 253 #
Motion for a resolution
Paragraph 33 a (new)
33a. Calls for capital treatment of non- centrally cleared transactions to be risk sensitive and reflect reductions in counterparty risk achieved where high standards of bilateral clearing;
2010/06/15
Committee: ECON