{ "docId": "019dd923-5e88-73ef-bd5c-78c13254e243", "docSlug": "451f3f1c41730bba", "documentTitle": "DB June2018 v8 cb enn ligne", "authorId": "DeutscheBank", "authorName": "Deutsche Bank", "documentKindSlug": "consulting-deck", "documentKindLabel": "Consulting deck", "sourceTypeSlug": "equity_research", "sourceTypeLabel": "Equity research", "presentationDate": null, "orientation": "portrait", "aspectRatio": 0.778, "pageNumber": 45, "pageCount": 172, "prevPage": 44, "nextPage": 46, "slideType": "appendix_disclosure", "function": "summarize", "density": "overcrowded", "nDataPoints": 2, "notes": "Contains specific regulatory disclosure text for 2013 annual report.", "elementsJson": [ "paragraph" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-5e88-73ef-bd5c-78c13254e243/45", "deckHref": "/decks/019dd923-5e88-73ef-bd5c-78c13254e243", "deckJsonHref": "/decks/019dd923-5e88-73ef-bd5c-78c13254e243.json", "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd5c-78c13254e243#slide-45", "components": [ { "bbox": null, "kind": "metric", "text": "IRBA coverage ratio: 97%", "attrs": null, "subkind": "primary", "toolName": "Quantification", "toolSlug": "quantification", "confidence": null, "componentId": "019dd952-163b-7393-8ac5-f4b3aa72df3a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.06, "w": 0.84, "x": 0.08, "y": 0.63 }, "kind": "paragraph", "text": "Under the Basel framework, overall capital requirements have to be calculated and compared with the regulatory capital described above. The overall capital requirements are frequently expressed in risk-weighted asset terms whereby total capital requirements are 8 % of risk-weighted assets. The respective information presented below is based on the regulatory principles of consolidation.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "196cf929-65e7-45ef-838c-602838a9be34", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.84, "x": 0.08, "y": 0.51 }, "kind": "paragraph", "text": "As there are still some interpretation uncertainties with regard to the CRR/CRD 4 rules and some of the related binding Technical Standards are not yet finally available, we will continue to refine our assumptions and models as our and the industry's understanding and interpretation of the rules evolve. In this light, our pro-forma CRR/CRD 4 measures may differ from our earlier expectations, and as our competitors' assumptions and estimates regarding such implementation may also vary, our pro forma CRR/CRD 4 non-GAAP financial measures may not be comparable with similarly labeled measures used by our competitors.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "2d7a0c02-20b5-43e4-9318-b9dfdfa3925d", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.12, "w": 0.84, "x": 0.08, "y": 0.71 }, "kind": "paragraph", "text": "The risk-weighted assets comprise the total of credit, market and operational risks. In the calculation of the risk-weighted assets the Deutsche Bank uses internal models for all three risk types which were approved by the Bundesanstalt für Finanzdienstleistungsaufsicht („BaFin. Our advanced IRBA coverage ratio, excluding Postbank, exceeded, with 97 % by exposure value (\"EAD\") as well as with 93 % by RWA as of December 31, 2013, the German regulatory requirement, remaining unchanged from the levels at December 31, 2012, using applicable measures according to Section 67 SolvV. These ratios excluded the exposures permanently assigned to the standardized approach (according to Section 70 SolvV), other IRBA exposure as well as securitization positions. The regulatory minimum requirements with regard to the respective coverage ratio thresholds have been met at all times", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "80cbdcce-2f6c-4750-a45a-f87243746e27", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.18, "w": 0.84, "x": 0.08, "y": 0.21 }, "kind": "paragraph", "text": "Some of the new regulatory requirements are subject to transitional rules. The new minimum capital ratios are being phased in until 2015. Most regulatory adjustments (i.e. capital deductions and regulatory filters) are being phased in until 2018. Capital instruments that no longer qualify under the new rules are being phased out through 2021. New capital buffer requirements are being phased in until 2019. Although they are subject to supervisory reporting starting from 2014, binding minimum requirements for short-term liquidity will be introduced in 2015 and a standard for longer term liquidity is expected to become effective in 2018. The introduction of a binding leverage ratio is expected from 2018 following disclosure of the ratio starting in 2015. The CRR/CRD 4 framework also changed some of the nomenclature relating to capital adequacy and regulatory capital, such as the use of the term Common Equity Tier 1 in place of the term Core Tier 1.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "891d00bc-344d-47e6-ac9e-2b5bdd9302a4", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.84, "x": 0.08, "y": 0.11 }, "kind": "paragraph", "text": "these regulations represent the new regulatory framework applicable in Germany to, among other things, capital, leverage and liquidity as well as Pillar 3 disclosures.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d40929c4-81dc-4133-8925-e884f72d2c61", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.84, "x": 0.08, "y": 0.41 }, "kind": "paragraph", "text": "For purposes of clarity in our disclosures, we use the nomenclature from the CRR/CRD 4 framework in the following sections and tables on capital adequacy, regulatory capital and leverage. Nevertheless, the amounts disclosed for the reporting period in this report are based on the Basel 2.5 framework as implemented into German law and as still in effect for these periods, unless stated otherwise.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f5a54a8c-aa33-470d-adbf-e502ff0455cf", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.2, "x": 0.08, "y": 0.61 }, "kind": "title", "text": "Risk-Weighted Assets", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "48385286-9a98-4302-ab40-baffc705b83a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.2, "x": 0.35, "y": 0.043 }, "kind": "title", "text": "Capital Requirements and Adequacy", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "a4173b41-8ede-49e9-9ea5-6698ed08463d", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "Executive summary", "slug": "executive-summary", "agent": null, "layer": "slide", "matchId": "1cf2135d-fa23-451d-bd64-63525c6239c8", "evidence": "Some of the new regulatory requirements are subject to transitional rules", "confidence": 0.7 } ], "frameworks": [], "arcBeats": [ { "to": 172, "from": 21, "beatId": "9456161e-545d-4636-b9df-03f422ad6259", "arcName": "Monroe's Motivated Sequence", "arcSlug": "monroes-sequence", "beatName": "Action", "beatSlug": "monroes-sequence-action", "evidence": "The document concludes with various appendices, including risk management, capital adequacy, and compensation reports.", "position": 3, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }