Published on 13 Feb 13
by NATIONAL DIVISION, THE TAX INSTITUTE
These presentations cover:
Basel III changes:
overview and background – concept of regulatory capital; interaction with ratings capital; Basel III changes; how much additional capital banks globally will have to raise; and what banks around the world are doing
Basel III changes - focus on Basel III changes; capital adequacy under new APS 111; what the different categories of capital comprise of; key features to qualify as Additional Tier 1 Capital and Tier 2 Capital; deductions from capital; transitional arrangements
Topical tax issues facing banks and insurance companies about capital management:
Tier 1 capital issues in Australia – tax implications for the issuer and security holders including the implications for the issuer arising from Basel III non-viability clauses and the application of various anti-avoidance rules
Tier 1 capital issues undertaken by foreign branches of Australian banks – issues for the bank including the application of s 215-10
Tier 2 capital issues in Australia – tax implications for the issuer and security holders including application of the debt/equity rules.
Tricia is the Head of Capital & Regulatory
Strategy at the Commonwealth Bank of Australia. Tricia’s team is responsible for management of the capital of the Commonwealth Bank and its subsidiaries (approximately $35 billion), as well as strategic implementation of financial regulatory reform generally. The team is also responsible for execution of all capital transactions. Tricia is a member of the Tax and Capital Management Working Group coordinated by the Australian Bankers Association. Current at 13 February 2013
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
All materials provided on this site are protected by copyright and are owned by or licensed to TTI.
Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.