@Severin ich bin mir auch noch nicht gänzlich sicher wie es dann im detail asusehen wird.
allerdings alleine die tatsache das es zum kernkapital(tier1) gehört ist doch ein meilenstein.
hier nochmal eine nette zusammenfassung:
What is the relationship between Basel rules and gold? Basel rules are a set of recommendations on capital requirements for private banks. Bank assets are divided into several groups based on their perceived riskiness, with bonds and gold in the least risky category. Banks were required, according to Basel I rules, to cover 8% of their assets based on a special formula. The objective was that at least a part of the total banks’ assets would be backed by assets, including gold, that were perceived as safe.
In Basel II rules, bank assets were divided into three categories: Tier 1 included assets perceived as least risky, and Tier 3 included assets perceived as risky. Gold under Basel II rules was treated as either Tier 1 or Tier 3 capital, since the BCBS stipulated that “at national discretion, gold bullion held in own vaults or on an allocated basis to the extent backed by bullion liabilities can be treated as cash and therefore risk-weighted at 0%.”
Basel III rules abolished the Tier 3 capital class, and all assets fell under either Tier 1 or Tier 2 capital. In Basel III, gold's liquidity haircut is increasing to 85% from 50%. This percentage is used to help calculate a so-called liquidity buffer known as the net stable funding ratio (NSFR) that all banks must hold from 2018. The higher NSFR, the more funding is needed to meet the overall NSFR requirement.
However, the announcement of the US Federal Deposit Insurance Corporation (FDIC) made on June 18, 2012 and adopted on August 30, 2012 states that “A zero percent risk weight to cash owned and held in all of a banking organization’s offices or in transit; gold bullion held in the banking organization’s own vaults, or held in another depository institution’s vaults on an allocated basis to the extent gold bullion assets are offset by gold bullion liabilities.” So gold was considered riskless in the US under Basel II rules and recommendations, and it will remain this way under Basel III provisions. The announcement also states that “the final rule defines financial collateral as collateral in the form of: (1) Cash on deposit with the banking organization (including cash held for the banking organization by a third-party custodian or trustee); (2) gold bullion; …”.
The European Commission did not automatically consider gold a riskless asset, but charged the European Banking Authority (EBA) with the task of identifying which assets are to be legally deemed riskless. However, the European Parliament expressly pointed to gold as a highly liquid asset that should be taken into consideration by the EBA. The EBA, in its report of December 2013 on appropriate uniform definitions of extremely high quality liquid assets (Extremely HQLA) and high quality liquid assets (HQLA) and on operational requirements for liquid assets, states that “neither equities or gold were found to qualify as assets of high liquidity and credit quality as they failed on the price volatility criteria.”
The London Bullion Market Association (LBMA) asked the EBA to reconsider gold as a “high quality, liquid asset.” An analysis for the World Gold Council by Europe Economics in 2013, “The liquidity of gold under proposed EBA liquidity tests,” found that “Out of the five dimensions of liquidity that we identify in this paper, namely scale, diversity, correlation of price with need, transactions costs and price impact, gold performs well in four of these (scale, correlation of price with need, transaction costs, and price impact) under various measures.”
Today, in Basel III's language, gold's liquidity haircut has increased to 85% from 50%. However, a repeat of the 2008 financial crisis, but on a larger scale, would in our view change things in favour of considering gold a 0% risk asset, as it was considered by the world’s central banks during the 2008 financial crisis. We hear also of an increasing acceptance of gold as part of the international monetary system both in academia and in the central bank sector. A substantial increase of world official gold reserves since the 2008 financial crisis confirms it.
http://privatewealthcanada.ca/…o-risk-monetary-asset.php
bin selber mit ner mittleren position drin. ich glaube 17 adern sind schon erbohrt.