Decree No. 282 / 2008 Coll.
Decree amending Decree No. 123 / 2007 Coll., on the rules of prudent business of banks, savings and credit cooperatives and securities dealers
Valid
Order
Effective from 01.09.2008
Text versions:
01.09.2008
15.08.2008
Zobrazeno prvních 200 z celkem 222 ustanovení tohoto předpisu.
Zobrazit celý předpis →
Pro stažení celého znění použijte tlačítko Stáhnout výše.
282
DECLARATION
of 1 August 2008
amending Decree No. 123 / 2007 Coll., on the rules of prudent business of banks, savings and credit cooperatives and securities dealers
The Czech National Bank provides, pursuant to § 8b (5), § 11a (9), § 12a (8), § 15 and § 24 (1) of Act No. 21 / 1992 Coll., as amended by Act No. 120 / 2007 Coll., pursuant to § 7a (5), § 7b (9), § 8 (9), § 11 (3) and § 27 (1) of Act No. 87 / 1995 Coll., on savings and credit cooperatives and certain measures relating thereto, and on the addition of Act No. 586 / 1992 Coll., as amended by Act No. 120 / 2007 Coll., and under § 199 (2) of Act No. 256 / 2004 Coll., on Capital Market Enterprise, as amended by Act No. 230 / 2008 Coll.:
Decree No. 123 / 2007 Coll., on the prudential business rules of banks, savings and credit cooperatives and securities dealers, is amended as follows:
1. in Article 2 (3) (e):
"(e) a securities dealer who fulfils the conditions set out in Paragraph 8a (1), (2) or (3) of the Capital Market Act;"
2. in Article 2 (6) (d):
"(d) a recognised stock exchange organised by a market organisation recognised by the competent authorities, which operates regularly, shall have rules issued or approved by the competent authorities of the State of its registered office defining the conditions under which the market operates, the conditions of access to the market and the conditions which the instrument must fulfil in order to be able to be traded on the market. In the case of a derivative market, the clearing mechanism of that market shall provide that derivatives are subject to daily margin updates which, in the opinion of the competent authorities, provide appropriate protection for market participants. ';
3. In Paragraph 38, "(e) 'is replaced by" (g)';
4. In Paragraph 65 (c), the following is added at the end of the text of point 3: "; undistributed profits may be increased over the year by dividends paid in the same year by a controlled entity in a regulated consolidation entity to a obliged entity or financial holding person '.
5. In Paragraph 73 (1), the word "individual 'is replaced by" consolidated'.
6. In Section 103 of the heading: "Presumption of detection of techniques'.
7. in Paragraph 109 (1) (b):
"(b) a qualified legal analysis shall demonstrate that the originator and his creditors have no rights in relation to securitised exposures, including in the event of a decision on the bankruptcy of any of those persons,";
8. In Paragraph 110 (1) (d), "opinion 'is replaced by" analysis'.
9. in Article 128 (4) (a), the words "Annexes 15 and 16" shall be replaced by the words "Annex 16."
10. In Article 128 (5), the words "regulated market 'are replaced by the words" recognised exchange'.
11. In Article 139, at the end of paragraph 3, the sentence "The own funds requirement for the specific interest rate risk of the liquidity facility without an external rating shall not be lower than the own funds requirement for the credit risk of the instrument in the case of its inclusion in the investment portfolio. '
12.
(1) When calculating the own funds requirement for specific interest rate risk, positions in the trading book secured by a credit derivative may be offset.
(2) Full compensation is possible where the value of the hedged instrument and the hedging instrument always moves in the opposite direction and to about the same extent that:
(a) both parts consist of completely identical instruments; or
(b) the hedged instrument is secured by a total return swap and there is an accurate consistency between the reference instrument and the hedged instrument, the maturity of the swap itself may be different from that of the hedged instrument.
(3) The own funds requirement for a specific interest rate risk is not established in the case of the procedure referred to in paragraph 2 for either the hedged or the hedging instrument.
(4) An 80% compensation is possible if:
(a) the value of the hedged instrument and the hedging instrument always moves in the opposite direction, but not to a similar extent;
(b) there is a precise consistency between the hedged instrument and the reference instrument, including the maturity of the credit derivative;
(c) the credit derivative contract does not contain provisions whereby the price movement of the credit derivative would be substantially different from the price movements of the cash position.
The 80% compensation shall be applied to the part of the transaction that has a higher capital requirement, while the capital requirement for the specific interest rate risk of the second part of the transaction is zero; However, it is necessary to take into account the extent to which the transaction actually transferred the risk.
(5) Partial compensation is possible if the value of both parts of the transaction usually moves in the opposite direction, with:
(a) the conditions laid down in paragraph 2 (b) are met, but there is a discrepancy between the reference and the hedged instrument. However,
1. the reference instrument is equal (pari passu) or is subordinate to the hedged instrument;
2. the reference and hedged instrument is issued by the same debtor and is provided with a legally enforceable cross-default or cross-acceleration clause;
(b) the conditions laid down in paragraph 2 (a) or paragraph 4 are met, but there is a currency or maturity mismatch between the hedged instrument and the credit derivative; or
(c) the conditions laid down in paragraph 4 are met, but there is a discrepancy between the hedged instrument and the credit derivative, the hedged instrument being among the eligible liabilities of the credit derivative.
(6) The own funds requirement for specific interest rate risk shall be determined in the case of the procedure referred to in paragraph 5 only for the part of the transaction that represents a higher value of the capital requirement. The own funds requirement for the specific interest rate risk of the second part of the transaction is not fixed, thus equals zero.
(7) In cases not covered by paragraphs 2 to 6, the own funds requirement for the specific interest risk of the hedging instrument and the own funds requirement for the specific interest risk of the hedged instrument shall be determined. ';
13. in Article 148 (1), the words "in Table 5 of Annex 20 to this Decree" shall be deleted;
14. in Paragraph 150 (2) (b), "regulated market" is replaced by "recognised stock exchange."
15. in Article 181 (2) (a) of the final part of the provision, the word "At the same time" shall be replaced by "Exclusion may be made if."
16. in Paragraph 187 (2):
"(2) In order to determine whether the own funds requirement for the exposure of a trading book should be calculated, the long and short positions of the trading book shall be added to the person defined in Paragraph 186 (2). The coefficient 0,2 may be multiplied by this sum only for an institution whose claims would receive a risk weight of not more than 20% under the Standardised Approach. If this sum is less than the residual exposure to a person, the own funds requirement for the exposure of the trading book shall be zero. Otherwise, the own funds requirement for the exposure of the trading book shall be calculated in accordance with the procedure set out in paragraphs 3 to 5 and Article 188 (1) and (2). ';
17. Paragraph 187 (4) reads as follows:
"(4) A factor of 0,2 may be multiplied by the positions referred to in paragraph 3 only in the case of an institution whose claims would receive a risk weight not exceeding 20% under the Standardised Approach."
18. In Article 187 (5), the second sentence is replaced by the following: "The coefficient 0,2 may be multiplied by this sum only for an institution whose claims would receive a risk weight of not more than 20% under the Standardised Approach."
19. In Article 187 (6), the first sentence is replaced by the sentence "The residual exposure to the person referred to in paragraph 1 with the remaining long positions referred to in paragraph 5 shall be gradually compensated, with progress being made from positions with the lowest coefficient."
20. Paragraph 197 (4) reads:
"(4) The claim shall be deemed to be loss-making if its full repayment is in particular impossible in view of the financial and economic situation of the debtor. It is assumed that this claim will not be satisfied or will only be satisfied in part in a very small amount, without the bank or the cooperative deposit acceding to the satisfaction of its claim for collateral. The claim shall also be considered to be loss-making if the repayment of the principal or accessory is over 360 days. A claim shall also be deemed to be loss-making to the debtor whose assets have been declared bankrupt, unless it is a claim for property arising after the bankruptcy declaration. '
21. Annex No 1, Part 1, point (b) B. "System for the conduct of credit transactions" is replaced by "I. System for the execution of credit transactions."
22. Annex No 1, Part 1, point (b) B. "IV. Credit risk measurement and monitoring system" is replaced by "II. Credit risk measurement and monitoring system."
23. Annex No 1, Part 1, point (b) B. "V. Credit risk management limits" is replaced by "III. Credit risk management limits."
24. Annex No 1, Part 1, point (b) B. "VI. Analysis and stress testing of the credit portfolio" is replaced by "IV. Analysis and stress testing of the credit portfolio."
25. in Annex 4, point 6 (a), the words "recognised exchanges, clearing centres" shall be inserted after the words "exposures to institutions."
26. In Annex 4, point 6 (m) (2), the words "compensation authorisation 'are replaced by the words" the adoption of reorganisation measures under the relevant European Communities25a)'.
Footnote 25a:
"(25a) Directive 2001 / 24 / EC of the European Parliament and of the Council of 4 April 2001 on the reorganisation and liquidation of credit institutions. ';
27. In Annex 4, point 12 (b) (6) (6.2), the words "the value of the secured loan entitlement where the lien results from a preferential right to be satisfied 'are replaced by the words" the value of the claim or the value of the part of the claim on the secured loans with the preferred mortgage right to real estate'.
28. In Annex 4, point 12 (b) (7) (7.2), the words "the value of the secured loan entitlement where the lien results from a preference right to be satisfied 'are replaced by the words" the value of the claim or the value of the part of the claim on the secured loans with the preferred mortgage right to real estate'.
29. In Annex 4 (12) (b) (7) (7.3), the final part of the provision reads: "For this purpose, loans secured by non-residential real estate with a loan-to-value ratio of more than 60% but not more than 70% may be used if the value of the total assets cover, i.e. the principal, including accessories, exceeds by at least 10% the total amount of the nominal value of the outstanding covered bonds in circulation. At the same time, bond holders' claims comply with legal certainty requirements in accordance with the credit risk mitigation techniques set out in Sections 102 to 107 and Annex 15 (b). A. point I.2 (e) of this Order and are preferential to other collateral requirements; or '.
30. in Annex 8, point I.3, in point (h), the word "bank" is replaced by the words "obliged person."
31. in Annex 8, point III.3 (a) (1) and (2), the words "compensation or" shall be replaced by the words "reorganisation or debt or, in the case of";
32. in Annex 8, point III.3 (a) (5):
"5. The netting agreement shall be deemed to be recognised if it has been submitted to the Czech National Bank together with a qualified legal analysis showing that, in the event of a counterparty's failure, the netting takes place, unless the Czech National Bank rejects the agreement within 1 month of the submission of the agreement, or informs the obliged person within that period that it reserves the right to refuse the agreement within a period extended by no more than a further month and rejects the agreement within that period."
33. In Annex 8, point IV, at the end of point 5, the sentence "In the case of a nth default credit derivative, the conversion factor shall be 0,05 if the nth lowest credit quality reference instrument is a qualified instrument and in other cases the conversion factor shall be 0,1. ';
34. In Annex 8, point IV.6, the words "or compensation 'are replaced by the words" reorganisation or derecognition'.
35. In Annex No 8, point VI.7, the word "expected 'is added after the words" real'.
36. In Annex 8, point VI.8, the first sentence is replaced by the sentence "Actual EPE is the average of the actual expected exposure (effective EE) during the first year of future exposure '.
37. In the second sentence of point VI.8 of Annex 8, the word "actual 'is deleted.
38. In Annex 10 (A) (2) (b), the last sentence is replaced by "If the obligor uses an external rating as a primary factor determining the assignment of the internal rating grade, he shall ensure that the internal rating also takes into account other relevant information."
39. in Annex 10 (A.) (5) (a) (3), the words "on the spot" shall be deleted;
40. in Annex 10, point (B.r) (1), second sentence, the word "terms" shall be replaced by "conditions."
41. in Annex 10 (B.r) (2.5):
"2.5 ensures the delivery of timely and sufficiently detailed reports on the ageing and dilution of claims from the operator in order to comply with the internal criteria for eligibility and the rules for the management of receivables acquired against payment and to obtain an effective means of monitoring and confirming the conditions of sale and dilution of sellers."
(42) In Annex 10 (D.c) (2), second sentence, the words "and results" shall be added after the words "suitability of inputs."
43. In Annex 11 (2) (a) (1), the words "recognised exchanges and clearing centres" shall be inserted after the words "institutions."
44. In Annex 11, point 2 (b) (1), the words "recognised exchanges and clearing centres' shall be inserted after the words" institutions'.
45. In Annex 11, point 3 (d), the words ", equity exposure classes' are added after the words" retail exposures'.
46. in Annex 12 (4) (a) (3):
'3. For equity exposures, personal collateral may be taken into account, provided that it complies with the credit risk mitigation techniques set out in Sections 102 to 107 and Annexes 15 and 16 to this Decree. ';
47. In Annex 12, point 5, the words "indicate the number of years for which the lease is agreed 'are replaced by the words" indicate the greater of the values: 1 or the remaining number of years for which the lease is agreed'.
48. In Annex 13, point III.1 (b) (6), the words "set of netting transactions that have a maturity of less than 1 year shall apply to sets of netting transactions' are replaced by the words" provisions of points 7 and 8 shall apply to set-off sets'.
49. in Annex No 15 (A.a) (1), the words "and methods" shall be deleted;
50. in Annex No 15 (A.b), the words "and methods" shall be deleted.
51. In Annex No 15 (A.), the title of point I reads: "Property collateral recognised within all approaches'.
52. In Annex No 15 (A.) (I.1) (d) (1) and (f) (1) and (2), the words "compensation or" shall be replaced by the words "reorganisation or debt or, in the case of";
53.In Annex No 15 (A.) (I.1) (g):
"(g) A master netting agreement shall be deemed to be recognised if it has been submitted to the Czech National Bank, together with a qualified legal analysis, showing that, in the event of a counterparty's failure, netting takes place, unless the Czech National Bank rejects the agreement within 1 month of the submission of the agreement, or informs the obliged person within that period that it reserves the right to refuse the agreement within a period extended for no more than a month and rejects the agreement within that period."
54. in Annex No 15 (A) (I.2) (b) (4), the words "or export credit agencies" shall be deleted;
55. in Annex No 15 (A) (I.2) (b) (7) (7.1), "regulated market" is replaced by "recognised stock exchange."
56. in Annex No 15 (A.) (I.2) (d) (1), "regulated market" is replaced by "recognised stock exchange."
57. In Annex No 15, point (b) is replaced by the following: A. point II of the introductory part of the provision is deleted.
58. in Annex No 15 (A.) (II.1) (b) (3):
'3. the collateral shall be legally effective and enforceable in all relevant legal systems and, within a reasonable period, shall also be enforceable; ';
59. in Annex No 15 (A.) (II.1) (b) (6):
'6. the obliged person shall verify that the property is properly insured against damage. ';
60. In Annex No 15 (A) (II.2) (b) (1), the words "satisfied creditors' are replaced by the words" obliged entities'.
61. in Annex No 15 (A.) (II.2) (b) (5), the words "or referred to" shall be inserted after the word "stopped."
62. In Annex No 15 (A.) (II.3 (b) (1):
'1. the collateral shall be legally effective and enforceable in all relevant legal systems and, within a reasonable period, shall also be enforceable. The entitlement of the obligor to satisfy the claim on such collateral shall be the first in the order; it shall not be regarded as a breach of this condition if the rights of the obliged entity or persons in a regulated consolidation unit are preceded by those of certain senior creditors resulting from legislation; ';
63.In Annex No 15 (A.) (II.3 (b) (8):
'8. The obliged person shall verify that the case is properly insured against damage. ';
64. in Annex No 15 (B. 1) (b) (4):
"4. the guarantee is legally effective and enforceable in all relevant legal systems, '.
65.In Annex No 15 (B. 1) (c) (1) (1):
"1. in the event of a debtor's delay in fulfilling any amount, the creditor shall have the right to require timely performance from the protection provider; that performance is not subject to the obligation of the creditor to enforce his claim first after the debtor. In the case of a guarantee provided by a person who is a eligible counter-guarantee provider under point (d), this condition shall be deemed to be met if the obligor is able to demonstrate that the protection effect of the guarantee against losses, including losses resulting from non-payment of other types of payments to which the obligor is obliged, is justified by such a procedure or if the obligor has the right to obtain in due time from the provider of the pre-performance guarantee. The amount of such performance shall be determined as a reliable estimate of the amount of economic loss, including losses resulting from non-payment of accessories and other types of payments to which the debtor is obliged and likely to suffer in proportion to the amount of cover provided by the guarantee. Similarly, guarantees under a recognised guarantee scheme and counter-guarantees shall be treated accordingly. In the case of loans secured by residential real estate, a guarantee which fulfils the conditions set out in this paragraph and the condition that the guarantee does not contain a provision which would be beyond the direct control of the creditor and which would allow the collateral provider to waive the obligation to pay on time if the original debtor did not pay any amount due within a total period of 24 months; ';
66. In Annex No 15 (B) (1) (d) (3), the word "exposure 'is added after the word" collateral'.
67. in Annex No 15 (B) (2) (c) (1) (1.2), the words "compensation or" shall be replaced by the words "reorganisation or divestment or";
68. In Annex No 16, point II.3 (h) (3), "regulated market 'is replaced by" recognised stock exchange'.
69. in Annex No 16, point II.3 (h), Table 3, "regulated market" is replaced by "recognised exchanges."
70. in Annex No 16, point II.3 (h), Table 3, "regulated market" is replaced by "recognised stock exchange."
71. in Annex No 16, point II.4 (a) (3), including footnote 28, the following text shall be added:
"3. where the independent valuer determines the value of the pledged property, in particular for the purposes of mortgage bonds, the value of the property does not exceed the value of the pledged property 28). The pledge value of the property is evidenced in a clear and unambiguous manner;
28) Article 29 of the bond law. '
72.In Annex No 16, point III.3 (c) (2) (2.1), the words "regulated market" are replaced by the words "recognised stock exchange."
73.In Annex No 16, point III.4 (d), the word "letter" is replaced by "point 1 (d)."
74. Point 3 of Annex 18 reads as follows:
'3. Where the obligor is not the originator or sponsor, he may use the regulatory formula method with the consent of the authorised supervisory authority. ';
75. In Annex No 18, point 15, the sentence "The Czech National Bank may allow the obligor, for the purposes of securitisation involving retail exposures, to use the regulatory formula method using simplification
h = 0 and v = 0. '
"With the approval of the authorised supervisory authority, the obligor may use the regulatory formula method for securitisation purposes involving retail exposures using simplification
h = 0 and v = 0. ';
76. Point 20 of Annex 18 reads as follows:
'20. Where it is not expedient for the obligor to calculate risk-weighted exposure amounts of securitised exposures as if they were not securitised, he may, with the consent of the authorised supervisory authority, use the following procedure in exceptional cases to calculate risk-weighted exposure amounts for the unrated securitisation position that constitutes the eligible liquidity facility:
(a) the highest risk weight that would be applied to any of the securitised exposures in a situation where they were not securitised may be used for the securitisation position represented by the liquidity facility;
(b) where this facility has an original maturity of less than or equal to 1 year, its nominal value shall be multiplied by a conversion factor of 50%;
(c) where the liquidity facility fulfils the conditions laid down for the liquidity facility, which can only be drawn in the event of an overall market disturbance, a conversion factor of 20% may be applied. In other cases, a conversion factor of 100% shall be used. ';
77. In Annex 19, point 1 (a), the word "bank 'is replaced by the word" institution'.
78. In Annex No 20 (B.), Table 2 reads as follows:
"Table 2
| Kategorie | Koeficienty pro výpočet kapitálového požadavku ke specifickému úrokovému riziku |
|---|---|
| I. Vládní nástroje a) dluhopisy vydané nebo zaručené centrálními vládami, vydané centrálními bankami, mezinárodními organizacemi, mezinárodními rozvojovými bankami nebo orgány regionální nebo místní správy členských států, které by podle standardizovaného přístupu patřily do prvního stupně úvěrové kvality nebo které by obdržely rizikovou váhu 0 %. | 0 % |
| II. Kvalifikované nástroje a) dluhopisy vydané nebo zaručené centrálními vládami, vydané centrálními bankami, mezinárodními organizacemi, mezinárodními rozvojovými bankami nebo orgány regionální nebo místní správy členských států, které patří do druhého nebo třetího stupně úvěrové kvality, b) dluhopisy vydané nebo zaručené institucemi, které patří do prvního nebo druhého stupně úvěrové kvality, a dluhopisy vydané nebo zaručené institucemi, které patří do třetího stupně úvěrové kvality a jejichž původní splatnost není delší než 3 měsíce, c) dluhopisy vydané nebo zaručené podnikateli, které patří do prvního nebo druhého stupně úvěrové kvality, d) ostatní kvalifikované nástroje. | 0,25 % zbytková splatnost nižší než 6 měsíců včetně 1,00 % zbytková splatnost od 6 měsíců do 24 měsíců včetně 1,60 % zbytková splatnost vyšší než 24 měsíců |
| e) dluhopisy vydané nebo zaručené centrálními vládami, vydané centrálními bankami, mezinárodními organizacemi, mezinárodními rozvojovými bankami nebo orgány regionální nebo místní správy členských států či institucemi, které patří do čtvrtého nebo pátého stupně úvěrové kvality, f) dluhopisy vydané nebo zaručené institucemi, které patří do třetího stupně úvěrové kvality a jejichž původní splatnost je delší než 3 měsíce, g) dluhopisy vydané nebo zaručené podnikateli, které patří do třetího nebo čtvrtého stupně úvěrové kvality, h) expozice, u nichž není k dispozici externí rating zapsané ratingové agentury. | 8,00 % |
| i) dluhopisy vydané nebo zaručené centrálními vládami, vydané centrálními bankami, mezinárodními organizacemi, mezinárodními rozvojovými bankami nebo orgány regionální nebo místní správy členských států či institucemi, které patří do šestého stupně úvěrové kvality, j) dluhopisy vydané nebo zaručené podnikateli, které patří do pátého nebo šestého stupně úvěrové kvality. | 12,00 % |
| Instituce, které používají přístup IRB, mohou pro účely této tabulky přiřadit expozici stupeň úvěrové kvality pouze tehdy, jestliže interní rating dlužníka této expozice odpovídá hodnotě PD, která je ekvivalentní nebo nižší než hodnota PD spojená s příslušným stupněm úvěrové kvality v kategorii podnikových expozic u standardizovaného přístupu. Ostatní kvalifikované nástroje jsou a) dlouhé a krátké pozice v nástrojích, jejichž stupeň úvěrové kvality odpovídá alespoň investičnímu stupni externího ratingu, b) dlouhé a krátké pozice v nástrojích, jejichž hodnota PD podle IRB přístupu není vzhledem k solventnosti jejich emitenta větší než hodnota PD nástrojů odpovídajících investičnímu stupni externího ratingu c) dlouhé a krátké pozice v nástrojích,, které nemají externí rating od zapsané externí ratingové agentury, pokud 1. jsou povinnou osobou považovány za dostatečně likvidní, 2. povinná osoba považuje finanční a ekonomickou situaci emitenta nástroje za odpovídající investičnímu stupni externího ratingu a 3. jsou kótovány na alespoň jedné uznané burze v členském státě nebo na uznané burze v jiném než členském státě, d) dlouhé a krátké pozice v nástrojích vydaných institucemi podléhajícím požadavkům na kapitálovou přiměřenost podle směrnice č. 2006/48/ES, které jsou povinnou osobou považovány za dostatečně likvidní a pro které platí, že povinná osoba považuje finanční a ekonomickou situaci jejich emitenta za odpovídající investičnímu stupni externího ratingu, e) cenné papíry vydané institucemi, pro které platí, že povinná osoba považuje finanční a ekonomikou situaci emitenta za lepší nebo podívající druhému stupni úvěrové kvality a emitent podléhá takovému rámci regulace a dohledu, který je srovnatelný s požadavky stanovenými v této vyhlášce. Zařazení nástrojů mezi kvalifikované nástroje může být posouzeno Českou národní bankou a nástroje s významným specifickým úrokovým rizikem mohou být po tomto posouzení vyřazeny z kvalifikovaných nástrojů. Česká národní banka může požadovat, aby povinná soba použila nejvyšší rizikovou váhu podle této tabulky pro nástroje, které vzhledem k solventnosti jejich emitenta vykazují mimořádné riziko. | |
79. In Annex No 21, point III.4, "risk 'is replaced by" plus'.
80. In Annex 22, point IV (d) (2) (2.4), the words "liquidator 'are replaced by the words" insolvency administrator'.
81. In Annex 24, point 5 (g) (3), "own 'is replaced by" original'.
82. In Annex 24, point 5 (h) (5), "own 'is replaced by" original'.
83. In Annex 25, point 2 reads:
"2. Capital data
(a) summary information on the conditions and main characteristics of the capital and its components;
(b) the aggregate amount of original own funds (Tier 1 component), the amount of each positive component and the amount of each negative item;
(c) the aggregate amount of additional own funds (Tier 2 component),
(d) the aggregate amount of market risk capital (Tier 3 component);
(e) the aggregate amount of deductible items from original and additional own funds, and a separate indication of the amount of deductible items due to the lack of coverage of expected credit losses;
(f) the aggregate amount of own funds after taking into account the deductible items from the original and additional own funds and the defined limits of own funds items. "
84. In Annex 25, point 8, the introductory provision reads: "Additional market risk data using own models to calculate capital requirements for market risk '.
85. In Annex 27, point 1:
"1. Capital data
(a) summary information on the conditions and main characteristics of the capital and its components;
(b) the aggregate amount of original own funds (Tier 1 component), the amount of each positive component and the amount of each negative item;
(c) the aggregate amount of additional own funds (Tier 2 component),
(d) the aggregate amount of market risk capital (Tier 3 component);
(e) the aggregate amount of deductible items from original and additional own funds, and a separate indication of the amount of deductible items due to the lack of coverage of expected credit losses;
(f) the aggregate amount of own funds after taking into account the deductible items from the original and additional own funds and the defined limits of own funds items. "
86. Point 1 of Annex 30 reads as follows:
"1. Capital data
(a) summary information on the conditions and main characteristics of the capital and its components;
(b) the aggregate amount of original own funds (Tier 1 component), the amounts of each positive component and negative item;
(c) the aggregate amount of additional own funds (Tier 2 component),
(d) the aggregate amount of market risk capital (Tier 3 component);
(e) the aggregate amount of deductible items from original and additional own funds, and a separate indication of the amount of deductible items due to the lack of coverage of expected credit losses;
(f) the aggregate amount of own funds after taking into account the deductible items from the original and additional own funds and the defined limits of own funds items. "
87. Point 3 of Annex 30 reads as follows:
"3. Variable indicators
(a) The bank and the cooperative reserve shall be indicated:
1. solvency ratio;
2. profitability of average assets (ROAA),
3. the profitability of the average original capital (ROAE),
4. assets per employee;
Sign in for notes, favorites and notifications
Regulation Information
| Citation | Decree No. 282 / 2008 Coll., amending Decree No. 123 / 2007 Coll., on prudential business rules for banks, savings and credit cooperatives and securities dealers |
|---|---|
| Regulation Type | Order |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 15.08.2008 |
|---|---|
| Effective from | 01.09.2008 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
Comments 0