BETA

Activities of Marco VALLI related to 2016/0361(COD)

Plenary speeches (1)

Capital Requirements Regulation - Capital Requirements Directive - Loss-absorbing and recapitalisation capacity for credit institutions and investment firms -Loss-absorbing and recapitalisation capacity of credit institutions and investment firms and amending Directive 98/26/EC (debate) IT
2016/11/22
Dossiers: 2016/0361(COD)

Shadow reports (1)

REPORT on the proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) No 806/2014 as regards loss-absorbing and Recapitalisation Capacity for credit institutions and investment firms PDF (777 KB) DOC (78 KB)
2016/11/22
Committee: ECON
Dossiers: 2016/0361(COD)
Documents: PDF(777 KB) DOC(78 KB)

Amendments (7)

Amendment 47 #
Proposal for a regulation
Article 1 – paragraph 5
Regulation (EU) No 806/2014
Article 12 – paragraph 1
1. The Board shall, after consulting competent authorities, including the ECB, determine the minimum requirement for own funds and eligible liabilities as referred to in Articles 12a to 12i, subject to write-down and conversion powers, which the entities and groups referred to in Article 7(2), and the identitfies and groups referred to in Article 7(4)(b) and (5) when the conditions for the application of these paragraphs are met,d as G-SIIs and O-SIIs in accordance with Article 131 of Directive 2013/36/EU are required to meet at all times.
2018/02/01
Committee: ECON
Amendment 61 #
Proposal for a regulation
Article 1 – paragraph 5
Regulation (EU) No 806/2014
Article 12 d – paragraph 1– point d a (new)
(da) the need to ensure that the requirement is proportionate to the specificities of the business model and funding structure, taking into account: (i) the prevalence of deposits in the funding structure; (ii) the limited experience in issuing debt instruments due the limited access to cross-border and wholesale capital market; (iii) the limited recourse to debt instruments in the funding structure; (iv) the need to rely primarily on CET1 and capital instruments to meet the MREL requirement;
2018/02/01
Committee: ECON
Amendment 117 #
Proposal for a regulation
Article 1 – paragraph 5
Regulation (EU) No 806/2014
Article 12 f
Article 12f Guidance for the minimum requirement for own funds and eligible liabilities 1. an entity to have own funds and eligible liabilities that fulfil the conditions of Article 12c and Article 12h(3) in excess of the levels set out in Article 12d and Article 12e for amounts for the following purposes: (a) of the entity to those covered in Article 12d, and/or (b) resolution, a sufficient market confidence in the entity is sustained through capital instruments in addition to the requirement in point (b) of Article 12d(2) ('market confidence buffer'). The guidance shall be only provided and calculated with respect to the requirement referred to in Article 12a(1) calculated in accordance with point (a) of Article 12a(2). 2. in accordance with point (a) of paragraph 1 may be set only where the competent authority has already set its own guidance in accordance with Article 104b of Directive 2013/36/EU and shall not exceed the level of that guidance. The amount of guidance given in accordance with point (b) of paragraph 1 shall not exceed the amount of the combined buffer requirement referred to in point (6) of Article 128 of Directive 2013/36/EU, except for the requirement referred to in point (a) of that provision unless a higher level is necessarydeleted The Board may give guidance to to cover potential additional losses to ensure that, following the event of resolution, the entity continues to meet the conditions for its authorisation for an appropriate period of time that is not longer than one year. The resolution authority shall provide to the entity the reasons and a full assessment for the need and the level of the guidance given in accordance with this Article. 3. to have additional own funds and eligible liabilities as expected under the guidance referred to in the first paragraph, the Board may require that the amount of the requirement referred to in Article 12d(2) be increased to cover the guidance given pursuant to this Article. 4. additional own funds and eligible liabilities as expected under the guidance referred to in the first paragraph shall not be subject to the restrictions referred to in Article 141 of Directive 2013/36/EU.The amount of the guidance given Where an entity consistently fails An entity that fails to have
2018/02/01
Committee: ECON
Amendment 118 #
Proposal for a regulation
Article 1 – paragraph 5
Regulation (EU) No 806/2014
Article 12 f – paragraph 1
1. The Board may give guidance to an entity to have own funds and eligible liabilities that fulfil the conditions of Article 12c and Article 12h(3) in excess of the levels set out in Article 12d and Article 12e for amounts for the following purposes: (a) of the entity to those covered in Article 12d, and/or (b) resolution, a sufficient market confidence in the entity is sustained through capital instruments in addition to the requirement in point (b) of Article 12d(2) ('market confidence buffer'). The guidance shall be only provided and calculated with respect to the requirement referred to in Article 12a(1) calculated in accordance with point (a) of Article 12a(2).deleted to cover potential additional losses to ensure that, in the event of
2018/02/01
Committee: ECON
Amendment 124 #
Proposal for a regulation
Article 1 – paragraph 5
Regulation (EU) No 806/2014
Article 12 f – paragraph 2
2. The amount of the guidance given in accordance with point (a) of paragraph 1 may be set only where the competent authority has already set its own guidance in accordance with Article 104b of Directive 2013/36/EU and shall not exceed the level of that guidance. The amount of guidance given in accordance with point (b) of paragraph 1 shall not exceed the amount of the combined buffer requirement referred to in point (6) of Article 128 of Directive 2013/36/EU, except for the requirement referred to in point (a) of that provision unless a higher level is necessary to ensure that, following the event of resolution, the entity continues to meet the conditions for its authorisation for an appropriate period of time that is not longer than one year. The resolution authority shall provide to the entity the reasons and a full assessment for the need and the level of the guidance given in accordance with this Article.deleted
2018/02/01
Committee: ECON
Amendment 132 #
Proposal for a regulation
Article 1 – paragraph 5
Regulation (EU) No 806/2014
Article 12 f – paragraph 3
3. Where an entity consistently fails to have additional own funds and eligible liabilities as expected under the guidance referred to in the first paragraph, the Board may require that the amount of the requirement referred to in Article 12d(2) be increased to cover the guidance given pursuant to this Article.deleted
2018/02/01
Committee: ECON
Amendment 136 #
Proposal for a regulation
Article 1 – paragraph 5 Regulation (EU) No 806/2014
4. An entity that fails to have additional own funds and eligible liabilities as expected under the guidance referred to in the first paragraph shall not be subject to the restrictions referred to in Article 141 of Directive 2013/36/EU.deleted
2018/02/01
Committee: ECON