BETA

42 Amendments of Gerolf ANNEMANS related to 2016/0360A(COD)

Amendment 475 #
Proposal for a regulation
Article 1 – paragraph 1 – point 39 – point a
Regulation (EU) No 575/2013
Article 92 – paragraph 1 – point d
(d) a leverage ratio of 3%.. 9% in 2025; The leverage ratio will be set at 3% in 2019 and rise in annual steps to reach 9% by 2025. Institutions shall set their leverage ratio as follows: 4% by 2020; 5% by 2021; 6% by 2022; 7% by 2023; 8% by 2024; 9% by 2025.
2018/02/05
Committee: ECON
Amendment 519 #
Proposal for a regulation
Article 1 – paragraph 1 – point 41
Regulation (EU) No 575/2013
Article 94 – paragraph 3 – point a – point i
(i) positions concerning foreign- exchange and commodities;
2018/02/05
Committee: ECON
Amendment 560 #
Proposal for a regulation
Article 1 – paragraph 1 – point 52 a (new)
Regulation (EU) No 575/2013
Article 124 – paragraph 2
(52a) In Article 124, paragraph 2 is replaced by the following: "(2) Based on the data collected under Article 101, and any other relevant indicators, the competent authorities shall periodically, and at least annually, assess whether the risk-weight of 310 % or 25 % for exposures secured by mortgages on residential property referred to in Article 125 and the risk weight of 540 % for exposures secured on commercial immovable property referred to in Article 126 located in their territory are appropriately based on: (a) the loss experience of exposures secured by immovable property; (b) forward-looking immovable property markets developments; Competent authorities may set a higher risk weight or stricter criteria than those set out in Article 125(2) and Article 126(2), where appropriate, on the basis of financial stability considerations. For exposures secured by mortgages on residential property, the competent authority shall set the risk weight at a percentage from 3510 % to 150 %. For exposures secured on commercial immovable property, the competent authority shall set the risk weight at a percentage from 540 % through 150 %, Within these ranges, the higher risk weight shall be set based on loss experience and taking into account forward-looking markets developments and financial stability considerations. Where the assessment demonstrates that the risk weights set out in Article 125(2) and Article 126(2) do not reflect the actual risks related to one or more property segments of such exposures, fully secured by mortgages on residential property or on commercial immovable property located in one or more parts of its territory, the competent authorities shall set, for those property segments of exposures, a higher risk weight corresponding to the actual risks. The competent authorities shall consult EBA on the adjustments to the risk weights and criteria applied, which will be calculated in accordance with the criteria set out in this paragraph as specified by the regulatory technical standards referred to in paragraph 4 of this Article. EBA shall publish the risk weights and criteria that the competent authorities set for exposures referred to in Articles 125, 126 and 199(1)(a)." (http://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32013R0575&rid=1)Or. en
2018/02/05
Committee: ECON
Amendment 563 #
Proposal for a regulation
Article 1 – paragraph 1 – point 52 a (new)
Regulation (EU) No 575/2013
Article 125 – paragraph 1 – point a
(52b) In paragraph 1 of Article 125, point (a) is replaced by the following: "(a) exposures or any part of an exposure fully and completely secured by mortgages on residential property which is or shall be occupied or let by the owner, or the beneficial owner in the case of personal investment companies, shall be assigned a risk weight of 35 %;" 10% or 25% in accordance with the conditions of paragraph 2;" Or. en (http://eur-lex.europa.eu/legal- content/EN/TXT/HTML/?uri=CELEX:32013R0575&from=EN)
2018/02/05
Committee: ECON
Amendment 570 #
Proposal for a regulation
Article 1 – paragraph 1 – point 52 a (new)
Regulation (EU) No 575/2013
Article 125 – paragraph 2 – point d
(52a) In paragraph 2 of Article 125, point (d) is replaced by the following: "(d) unless otherwise determined under Article 124(2), the part of the loan to which the 3510 % risk weight is assigned does not exceed 80 % of the market value of the property in question or 80 % of the mortgage lending value of the property in question in those Member States that have laid down rigorous criteria for the assessment of the mortgage lending value in statutory or regulatory provisions. ; the part of the loan which exceeds 80% of the market value of the property in question or 80% of the mortgage lending value of the property in question receives a risk weighting of 25%." Or. en (http://eur-lex.europa.eu/legal- content/EN/TXT/HTML/?uri=CELEX:32013R0575&from=EN)
2018/02/05
Committee: ECON
Amendment 602 #
Proposal for a regulation
Article 1 – paragraph 1 – point 83
Regulation (EU) No 575/2013
Article 325 – paragraph 1 – point b
(b) from [date of application of this Regulation], the internal model approach set out in Chapter 1b of this Title only for those positions assigned to trading desks for which the institution has been granted a permission by competent authorities to use that approach as set out in Article 325ba;deleted
2018/02/05
Committee: ECON
Amendment 607 #
Proposal for a regulation
Article 1 – paragraph 1 – point 83
Regulation (EU) No 575/2013
Article 325 – paragraph 1 – point d
(d) until [date of application of this Regulation], the simplified internal model approach set out in Chapter 5 of this Title for those risk categories for which the institution has been granted the permission in accordance with Article 363 to use that approach in. After [date of application of this Regulation], institutions shall no longer use the simplified internal model approach set out in Chapter 5 to determine the own funds requirements for market risks.deleted
2018/02/05
Committee: ECON
Amendment 609 #
Proposal for a regulation
Article 1 – paragraph 1 – point 83
Regulation (EU) No 575/2013
Article 325 – paragraph 3
3. An institution may use in combination the approaches set out in points (a) and (b) of paragraph 1 on a permanent basis within a group provided that the own funds requirements for market risks calculated under the approach set out in point (a) does not exceed 90% of the total own funds requirements for market risks. Otherwise, the institution shall use the approach set out in point (a) of paragraph 1 for all the positions subject to the own funds requirements for market risks.deleted
2018/02/05
Committee: ECON
Amendment 610 #
Proposal for a regulation
Article 1 – paragraph 1 – point 83
Regulation (EU) No 575/2013
Article 325 – paragraph 4
4. An institution may use in combination the approaches set out in points (c) and (d) of paragraph 1 on a permanent basis within a group in accordance with Article 363.deleted
2018/02/05
Committee: ECON
Amendment 611 #
Proposal for a regulation
Article 1 – paragraph 1 – point 83
Regulation (EU) No 575/2013
Article 325 – paragraph 5
5. An institution shall not use either of the approaches set out in points (a) and (b) of paragraph 1 in combination with the approach set out in point (c).deleted
2018/02/05
Committee: ECON
Amendment 612 #
Proposal for a regulation
Article 1 – paragraph 1 – point 83
Regulation (EU) No 575/2013
Article 325 – paragraph 6
6. Institutions shall not use the approach set out in point (b) of paragraph 1 for instruments in the trading book that are securitisation positions or positions included in the CTP as defined in paragraphs 7 to 9 of Article 104.deleted
2018/02/05
Committee: ECON
Amendment 613 #
Proposal for a regulation
Article 1 – paragraph 1 – point 83
Regulation (EU) No 575/2013
Article 325 – paragraph 7
7. For the purpose of calculating the own funds requirements for CVA risks using the advanced method set out in Article 383, institutions may continue to use the simplified internal model approach set out in Chapter 5 of this Title after [date of application of this Regulation] at which date institutions shall cease to use that approach for the purposes of calculating the own funds requirements for market risks.deleted
2018/02/05
Committee: ECON
Amendment 614 #
Proposal for a regulation
Article 1 – paragraph 1 – point 83
Regulation (EU) No 575/2013
Article 325 – paragraph 8
EBA shall develop regulatory technical standards to specify in more detail how institutions shall determine the own funds requirements for market risks for non- trading book positions subject to foreign exchange risk or commodity risk in accordance with the approaches set out in points (a) and (b) of paragraph 1.
2018/02/05
Committee: ECON
Amendment 636 #
Proposal for a regulation
Article 1 – paragraph 1 – point 84
Regulation (EU) No 575/2013
Chapter 1 b
Chapter 1b The internal model approach […]deleted
2018/02/05
Committee: ECON
Amendment 637 #
Proposal for a regulation
Article 1 – paragraph 1 – point 84
Regulation (EU) No 575/2013
Article 325 b a
Article 325ba Permission to use internal models […]deleted
2018/02/05
Committee: ECON
Amendment 641 #
Proposal for a regulation
Article 1 – paragraph 1 – point 84
Regulation (EU) No 575/2013
Article 325 b b
Article 325bb Own funds requirements when using internal models […]deleted
2018/02/05
Committee: ECON
Amendment 642 #
Proposal for a regulation
Article 1 – paragraph 1 – point 84
Regulation (EU) No 575/2013
Article 325 b c
Article 325bc Expected shortfall risk measure […]deleted
2018/02/05
Committee: ECON
Amendment 643 #
Proposal for a regulation
Article 1 – paragraph 1 – point 84
Regulation (EU) No 575/2013
Article 325 b d
Article 325bd Partial expected shortfall calculations […]deleted
2018/02/05
Committee: ECON
Amendment 644 #
Proposal for a regulation
Article 1 – paragraph 1 – point 84
Regulation (EU) No 575/2013
Article 325 b e
Article 325be Liquidity horizons […]deleted
2018/02/05
Committee: ECON
Amendment 646 #
Proposal for a regulation
Article 1 – paragraph 1 – point 84
Regulation (EU) No 575/2013
Article 325 b f
Article 325bf Assessment of the modellability of risk factors […]deleted
2018/02/05
Committee: ECON
Amendment 662 #
Proposal for a regulation
Article 1 – paragraph 1 – point 84
Regulation (EU) No 575/2013
Article 325 b g
Article 325bg Regulatory back-testing requirements and multiplication factors […]deleted
2018/02/05
Committee: ECON
Amendment 663 #
Proposal for a regulation
Article 1 – paragraph 1 – point 84
Regulation (EU) No 575/2013
Article 325 b h
Article 325bh Profit and loss attribution requirement […]deleted
2018/02/05
Committee: ECON
Amendment 669 #
Proposal for a regulation
Article 1 – paragraph 1 – point 84
Regulation (EU) No 575/2013
Article 325 b i
Article 325bi Requirements on risk measurement […]deleted
2018/02/05
Committee: ECON
Amendment 673 #
Proposal for a regulation
Article 1 – paragraph 1 – point 84
Regulation (EU) No 575/2013
Article 325 b j
Article 325bj Qualitative requirements […]deleted
2018/02/05
Committee: ECON
Amendment 675 #
Proposal for a regulation
Article 1 – paragraph 1 – point 84
Regulation (EU) No 575/2013
Article 325 b k
Article 325bk Internal Validation […]deleted
2018/02/05
Committee: ECON
Amendment 676 #
Proposal for a regulation
Article 1 – paragraph 1 – point 84
Regulation (EU) No 575/2013
Article 325 b l
Article 325bl Calculation of stress scenario risk measure […]deleted
2018/02/05
Committee: ECON
Amendment 677 #
Proposal for a regulation
Article 1 – paragraph 1 – point 84
Regulation (EU) No 575/2013
Article 325 b m
Article 325bm Scope of the internal default risk model […]deleted
2018/02/05
Committee: ECON
Amendment 678 #
Proposal for a regulation
Article 1 – paragraph 1 – point 84
Regulation (EU) No 575/2013
Article 325 b n
Article 325bn Permission to use an internal default risk model […]deleted
2018/02/05
Committee: ECON
Amendment 680 #
Proposal for a regulation
Article 1 – paragraph 1 – point 84
Regulation (EU) No 575/2013
Article 325 b o
Article 325bo Own funds requirements for default risk using an internal default risk model […]deleted
2018/02/05
Committee: ECON
Amendment 681 #
Proposal for a regulation
Article 1 – paragraph 1 – point 84
Regulation (EU) No 575/2013
Article 325 b p
Article 325bp Recognition of hedges in an internal default risk model […]deleted
2018/02/05
Committee: ECON
Amendment 682 #
Proposal for a regulation
Article 1 – paragraph 1 – point 84
Regulation (EU) No 575/2013
Article 325 b q
Article 325bq Particular requirements for an internal default risk model […]deleted
2018/02/05
Committee: ECON
Amendment 686 #
Proposal for a regulation
Article 1 – paragraph 1 – point 88
Regulation (EU) No 575/2013
Chapter 5
(88) In Title IV of Part Three, the Title of Chapter 5 is replaced by the following:Chapter 5 is deleted.
2018/02/05
Committee: ECON
Amendment 765 #
Proposal for a regulation
Article 1 – paragraph 1 – point 114
Regulation (EU) No 575/2013
Article 428 l – title
Article 428l 530% available stable funding factor
2018/02/05
Committee: ECON
Amendment 778 #
Proposal for a regulation
Article 1 – paragraph 1 – point 114
Regulation (EU) No 575/2013
Article 428 r – paragraph 1 – point a a (new)
(aa) assets that have a residual maturity of less than six months resulting from secured lending transactions and capital market driven transactions as defined in Article 192(2) and (3) with financial customers, where those assets are collateralised by assets that qualify as Level 1 assets under Title II of Delegated Regulation (EU)2015/61, excluding extremely high quality covered bonds referred to in point (f) of Article 10(1) of that Delegated Regulation, and where the institution would be legally entitled and operationally able to reuse those assets for the life of the transaction, regardless of whether the collateral has already been reused. Institutions shall take those assets into account on a net basis where Article 428e(1) of this Regulation applies;
2018/02/05
Committee: ECON
Amendment 789 #
Proposal for a regulation
Article 1 – paragraph 1 – point 114
Regulation (EU) No 575/2013
Article 428 s – point b
(b) assets that have a residual maturity of less than six months resulting from secured lending transactions and capital market-driven transactions as defined in Article 192(2) and (3) with financial customers, where those assets are collateralised by assets that qualify as Level 1 assets under Title II of Delegated Regulation (EU) 2015/61, excluding extremely high quality covered bonds referred to in point (f) of Article 10(1) of that Delegated Regulation , and where the institution would be legally entitled and operationally able to reuse those assets for the life of the transaction, regardless of whether the collateral has already been reused. Institutions shall take those assets into account on a net basis where Article 428e(1) of this Regulation applies;deleted
2018/02/05
Committee: ECON
Amendment 797 #
Proposal for a regulation
Article 1 – paragraph 1 – point 114
Regulation (EU) No 575/2013
Article 428 s – point b a (new)
(ba) assets that have a residual maturity of less than six months resulting from secured lending transactions and capital market driven transactions as defined in Article192(2) and (3) with financial customers, other than those referred to in point (b) of Article 428s. Those assets shall be taken into account on a net basis where Article428e(1) applies;
2018/02/05
Committee: ECON
Amendment 798 #
Proposal for a regulation
Article 1 – paragraph 1 – point 114
Regulation (EU) No 575/2013
Article 428 s – point b b (new)
(bb) assets that have a residual maturity of less than six months resulting from transactions with financial customers other than those referred to in point (b) of Article428s and in point (a) of this Article;
2018/02/05
Committee: ECON
Amendment 809 #
Proposal for a regulation
Article 1 – paragraph 1 – point 114
Regulation (EU) No 575/2013
Article 428 u – paragraph 1 – point a
(a) assets that have a residual maturity of less than six months resulting from secured lending transactions and capital market-driven transactions as defined in Article 192(2) and (3) with financial customers, other than those referred to in point (b) of Article 428s. Those assets shall be taken into account on a net basis where Article 428e(1) applies;deleted
2018/02/05
Committee: ECON
Amendment 813 #
Proposal for a regulation
Article 1 – paragraph 1 – point 114
Regulation (EU) No 575/2013
Article 428 u – paragraph 1 – point b
(b) assets that have a residual maturity of less than six months resulting from transactions with financial customers other than those referred to in point (b) of Article 428s and in point (a) of this Article;deleted
2018/02/05
Committee: ECON
Amendment 1020 #
Proposal for a regulation
Article 1 – paragraph 1 – point 127
Regulation (EU) No 575/2013
Article 501a
Article 501a [...]deleted
2018/02/05
Committee: ECON
Amendment 1071 #
Proposal for a regulation
Article 1 – paragraph 1 – point 128
Regulation (EU) No 575/2013
Article 507
(128) Article 507 is replaced by the following: ‘Article 507 Large exposures The EBA shall monitor the use of exemptions set out in Article 390 (6) and Article 400 (1) and Article 400(2) and by [one year after entry into force of the amending Regulation] submit a report to the Commission assessing the quantitative impact that the removal of those exemptions or the setting of a limit on their use would have. The report shall assess, in particular, for each exemption provided for in those Articles: (a) the number of large exposures exempted in each Member State; (b) the number of institutions that make use of the exemption in each Member State; (c) the aggregate amount of exposures exempted in each Member State.;’deleted
2018/02/05
Committee: ECON
Amendment 1073 #
Proposal for a regulation
Article 1 – paragraph 1 – point 128
Regulation (EU) No 575/2013
Article 507
"(128) Article 507 Large exposures By 31 December 2015, the Commission shall review and report on the application of Article 400(1)(j) and Article 400(2), including whether the exemptions set out in Article 400(2) is to be discretionary, and shall submit that report to the European Parliament and to the Council, together with a legislative proposal if appropriate. With respect to the potential elimination of the national discretion under Article 400(2)(c) and its potential application at the Union level, the review shall in particular take into account the efficiency of group risk management while ensuring that sufficient safeguards are in place to ensure financial stability in all Member States in which an entity belonging to a group is incorporated." is deleted. deleted Or. en (http://eur-lex.europa.eu/legal- content/EN/TXT/HTML/?uri=CELEX:32013R0575&from=EN)
2018/02/05
Committee: ECON