Capital Exercise for bank: WGZ BANK AG WESTDT. GENO. ZENTRALBK, DDF

On 8 December 2011, the EBA's Board of Supervisors adopted the Recommendation on the creation of temporary capital buffers to restore market confidence, stemming from the so-called "capital exercise". The Recommendation was adopted to address the difficult situation in the EU banking system, especially with regard to the sovereign exposures. It called on National Authorities to require banks included in the sample to strengthen their capital positions by building up an exceptional and temporary capital buffer against sovereign debt exposures to reflect market prices as at the end of September 2011. In addition, banks were required to establish an exceptional and temporary buffer such that the Core Tier 1 capital ratio reaches a level of 9% by the end of June 2012.2011年12月8日，欧洲银行管理局（European Banking Authority，EBA）监管委员会通过了一项旨在恢复市场信心的临时资本缓冲设立建议，该建议源自所谓的“资本实操计划”（capital exercise）。本建议旨在应对欧盟银行体系面临的艰难处境，尤其聚焦于主权风险敞口领域。建议要求各国监管当局责令纳入样本的银行强化自身资本头寸，通过构建非常规且临时的资本缓冲覆盖主权债务风险敞口，以反映2011年9月末的市场价格水平。此外，相关银行还需设立非常规临时资本缓冲，使其核心一级资本充足率（Core Tier 1 capital ratio）在2012年6月末达到9%的监管标准。