6 Amendments of Fulvio MARTUSCIELLO related to 2018/0043(COD)
Amendment 156 #
Proposal for a directive
Article 6 a (new)
Article 6 a (new)
Article 6 a Member States may also allow credit institutions issuing debt instruments which meet the requirements laid down in this Directive, covered by SMEs exposures. These new instruments are labelled "European Secured Notes" (ESNs). EBA lays down the minimum requirements that SMEs exposures have to meet. The Regulation (EU) No 575/2013 allows for a preferential treatment of ESNs.
Amendment 179 #
Proposal for a directive
Article 10 – paragraph 1
Article 10 – paragraph 1
Member States shall ensure investor protection by providing for a sufficient level of homogeneity of the assets in the cover pool so that they shall be of a similar nature in terms of structural features, lifetime of assets or risk profilethat derivative contracts entered in the context of a covered bond programme guarantee investor protection and meet all of the requirements below. Member States may allow derivative contracts to be included in the cover pool.
Amendment 184 #
Proposal for a directive
Article 11 – paragraph 1 – point a
Article 11 – paragraph 1 – point a
(a) the derivative contracts are included in the cover poolentered into exclusively for risk hedging purposes;
Amendment 188 #
Proposal for a directive
Article 11 – paragraph 1 – point c
Article 11 – paragraph 1 – point c
(c) the derivative contracts obligations and cash flows deriving therefrom are segregated in accordance with Article 12;
Amendment 189 #
Proposal for a directive
Article 11 – paragraph 1 – point d
Article 11 – paragraph 1 – point d
Amendment 260 #
Proposal for a directive
Article 16 – paragraph 3 – subparagraph 1 – point b
Article 16 – paragraph 3 – subparagraph 1 – point b
(b) exposures to credit institutions that qualify for the credit quality step 1, in accordance with Article 129(1)(c) of Regulation (EU) No 575/201credit quality step 2 and credit quality step 3.