Activities of Marco VALLI related to 2016/0360B(COD)
Plenary speeches (1)
Transitional arrangements for mitigating the impact of the introduction of IFRS 9 (debate) IT
Shadow reports (1)
REPORT on the proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) No 575/2013 as regards the leverage ratio, the net stable funding ratio, requirements for own funds and eligible liabilities, counterparty credit risk, market risk, exposures to central counterparties, exposures to collective investment undertakings, large exposures, reporting and disclosure requirements and amending Regulation (EU) No 648/2012 PDF (647 KB) DOC (76 KB)
Amendments (7)
Amendment 45 #
Proposal for a regulation
Recital 51
Recital 51
(51) The application of the expected credit loss provisioning introduced by the revised international accounting standards on financial instruments “IFRS9”, may lead to a sudden significant increase in the capital ratios of institutions, especially those which are more oriented towards traditional commercial activities, and could consequently limit their capacity to finance the real economy. While discussions are on-going on the appropriate prudential treatment of the impact of increased expected credit losses and to prevent an unwarranted detrimental effect on lending by credit institutions, the incremental provisioning for credit risk of IFRS9 should be phased in.
Amendment 48 #
Proposal for a regulation
Recital 51 a (new)
Recital 51 a (new)
(51a) The change to new accounting principles based on expected losses on loans not yet classed as non-performing could have a considerable adverse effect on the balance sheets of credit institutions more exposed as regards the financing of SMEs and the real economy, placing them at a disadvantage compared with large investment banks carrying out financial activities. In order not to worsen the position further for banks already in crisis, and to keep distortions of competition in the banking sector to a minimum, the application of the new accounting rules should therefore be suspended and the rules revised.
Amendment 105 #
Proposal for a regulation
Article 1 – paragraph 1 – point 119
Article 1 – paragraph 1 – point 119
Regulation (EU) No 575/2013
Article 473 a – paragraph 3– point a
Article 473 a – paragraph 3– point a
(a) 1 in the period from [date of application of this Article] to [ date of application of this Article + 1 year - 1 day]1 January 2018 to 31 December 2019;
Amendment 123 #
(b) 0,8 in the period from [date of application of this Article + 1 year] to [date of application of this Article + 2 years - 1 day]1 January 2020 to 31 December 2020;
Amendment 134 #
Proposal for a regulation
Article 1 – paragraph 1 – point 119
Article 1 – paragraph 1 – point 119
Regulation (EU) No 575/2013
Article 473a – paragraph 3 – point c
Article 473a – paragraph 3 – point c
(c) 0,6 in the period from [date of application of this Article +2 years] to [date of application of this Article +3 years - 1 day]1 January 2021 to 31 December 2021;
Amendment 145 #
Proposal for a regulation
Article 1 – paragraph 1 – point 119
Article 1 – paragraph 1 – point 119
Regulation (EU) No 575/2013
Article 473 a – paragraph 3 – point d
Article 473 a – paragraph 3 – point d
(d) 0,4 in the period from [date of application of this Article +3 years] to [date of application of this Article +4 years - 1 day];1 January 2022 to 31 December 2022.
Amendment 147 #
Proposal for a regulation
Article 1 – paragraph 1 – point 119
Article 1 – paragraph 1 – point 119
Regulation (EU) No 575/2013
Article 473a – paragraph 3 – point e
Article 473a – paragraph 3 – point e