Examples of using Countercyclical buffer in English and their translations into Slovak
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National authorities and the ECB can impose countercyclical buffers to counter the cyclical build-up of systemic risks.
Each Member State shall designate a public authority or body(a‧designated authority‧)that is responsible for setting the countercyclical buffer rate for that Member State.
A discretionary countercyclical buffer, allowing national regulators to require up to another 2.5% of capital during periods of high credit growth.
Each designated authority shall calculate for every quarter a buffer guide as areference to guide its exercise of judgement in setting the countercyclical buffer rate in accordance with paragraph 3.
Capital requirements and countercyclical buffers should be proportionate to the size, level of risk and business model of a financial institution.
People also translate
Designated authorities of participating Member States, as defined by Council Regulation(EU) No 1024/2013,shall also notify the applicable countercyclical buffer rate and the information specified in points(a) to(g) to the ECB quarterly.
(8) For the purposes of paragraph(7)(b), a change in the countercyclical buffer rate for a third country shall be considered to be announced on the date that it is published by the relevant third-country authority in accordance with the applicable national rules.
The forthcoming European Banking Authority should play a leading role in drawing up and implementing measures relating to capital requirements andthe rules on countercyclical buffer standards at EU level.
Institutions shall apply a countercyclical buffer rate of 2,5% of total risk exposure amount if the designated authority in the Member State in which they have been authorised has not recognised the buffer rate in excess of 2,5% in accordance with Article 137(1);
Basel III also introduces additional capital buffers,(i) amandatory capital conservation buffer of 2.5% and(ii) a discretionary countercyclical buffer, which allows national regulators to require up to another 2.5% of capital during periods of high credit growth.
The countercyclical buffer rate, expressed as a percentage of the total risk exposure amount calculated in accordance with Article 92(3) of Regulation(EU) No 575/2013 of institutions that have credit exposures in that Member State, shall be between 0% and 2,5%, calibrated in steps of 0,25 percentage points or multiples of 0,25 percentage points.
Each designated authority shall assess the intensity of cyclical, macroprudential or systemic risk on a quarterly basis and, in the event of changes,set or adjust the appropriate countercyclical buffer rate for its Member State, and in so doing, each designated authority shall take into account:”.
(57) In order to ensure that countercyclical buffers properly reflect the risk to the banking sector of excessive credit growth, credit institutions and investment firms should calculate their institution specific buffers as a weighted average of the counter-cyclical buffer rates that apply for the countries where their credit exposures are located.
I voted in favour of the resolution as I agree that the issue of'too-big-to-fail' financial institutions should be addressed,whereby capital requirements and countercyclical buffers should be proportionate to the size, level of risk and business model of a financial institution.
(57) In order to ensure that countercyclical buffers properly reflect the risk to the banking sector of excessive credit growth, credit institutions and investment firms should calculate their institution specific buffers as a weighted average of the counter-cyclical buffer rates that apply for the countries where their credit exposures are located.
The so-called Basel 3 agreement, concluded by the Basel Committee on Banking Supervision, strengthens bank capital requirements,introduces a mandatory capital conservation buffer and a discretionary countercyclical buffer, and sets new regulatory requirements for bank liquidity and bank leverage.
When a designated authority sets the countercyclical buffer rate above zero for the first time, or when thereafter a designated authority increases the prevailing countercyclical buffer rate setting, it shall also decide the date from which the institutions must apply that increased buffer for the purposes of calculating their institution specific countercyclical capital buffer.
In order to ensure that countercyclical capital buffers properly reflect the risk to the banking sector of excessive credit growth, credit institutions and investment firms should calculate their institution-specific buffers as a weighted average of the countercyclical buffer rates that apply in the countries where their credit exposures are located.
(b) subject to subparagraph(c), a countercyclical buffer rate for a third country shall apply 12 months after the date on which a change in the buffer rate was announced by the relevant third-country authority, irrespective of whether that authority requires institutions incorporated in that third country to apply the change within a shorter period, where the effect of that decision is to increase the buffer rate.
Where a relevant third country authority sets a countercyclical buffer rate for a third pursuant to paragraph 2 or 3 which increases the existing applicable countercyclical buffer rate, it shall decide the date from which domestically authorised institutions must apply that buffer rate for the purposes of calculating their institution specific countercyclical capital buffer.
Where a countercyclical buffer rate has been set and published by the relevant third-country authority for a third country, a designated authority may set a different buffer rate for that third country for the purposes of the calculation by domestically authorised institutions of their institution-specific countercyclical capital buffer if they reasonably consider that the buffer rate set by the relevant third-country authority is not sufficient to protect those institutions appropriately from the risks of excessive credit growth in that country.
Countercyclical capital buffer.