BETA

2 Amendments of Fulvio MARTUSCIELLO related to 2015/0270(COD)

Amendment 234 #
Proposal for a regulation
Recital 26
(26) Contributions would be directly levied on banks to finance the Deposit Insurance Fund. The Board would collect the contributions and administer the Deposit Insurance Fund, while national DGSs would continue to collect national contributions and administer national funds. In order to ensure fair and harmonised contributions for participating banks and provide incentives to operate under a model which presents less risk, both contributions to EDIS and to national DGS should be calculated on the basis of covered deposits and a risk-adjustment factor per bank. Risk-based contributions to EDIS shall be calculated taking into account the systemic relevance, the amount of its contribution to the SRF and the participation to a cooperative solidarity mechanism as a risk minimizer. During the re-insurance period the risk- adjustment factor should consider the degree of risk incurred by a bank relative to all other banks affiliated to the same participating DGS. Once the stage of co- insurance is reached, the risk- adjustment factor should consider the degree of risk incurred by a bank relative to all other banks established in the participating Member States. This would ensure that, overall, EDIS is cost-neutral for banks and national DGSs and avoid any redistribution of contributions during the build-up phase of the Deposit Insurance Fund.
2016/12/20
Committee: ECON
Amendment 577 #
Proposal for a regulation
Article 1 – paragraph 1 – point 34
Regulation (EU) No 806/2014
Article 74 a – paragraph 2
2. The Board shall use the DIF only in order to provide the funding to, and cover the losses of, participating DGS in the different stages set out in Article 1(2) and in accordance with the objectives and the principles governing EDIS referred to in Article 6. Under no circumstances shall the Union budget or the national budgets be held liable for expenses or losses of the Fund. (2014/49/EU Art. 11(6), Decision of DG Competition Press Release 155909_EMHTM.)Upon the request of a participating DGS and its national resolution authority, the Board may also use the DIF, or authorize the use of national DGS resources during the transitional period, for alternative measures as provided in Art. 11(6) of Directive 2014/49/EU. The Commission is empowered to adopt a delegated act to specify conditions to be met by the applicant DGS, circumstances where those measures can be foreseen and criteria for decision to be taken by the Board. Or. en
2016/12/21
Committee: ECON