2 Amendments of Jonás FERNÁNDEZ related to 2018/0063A(COD)
Amendment 252 #
Proposal for a directive
Recital 32
Recital 32
(32) As part of the Council's Action Plan, credit institutions' data infrastructure would be strengthened by having uniform and standardised data for non-performing credit agreements. The European Banking Authority has developed data templates that provide information about credit exposures in the banking book and allow potential buyers to evaluate the value of the credit agreements and carry out their due diligence. Applying such templates to credit agreements would reduce information asymmetries between potential buyers and sellers of credit agreements and, thus, contribute to the development of a functioning secondary market in the Union. The EBA should therefore develop the data templates into implementing technical standards and credit institutions shouldfor credit institutions. In order to comply with the principle of proportionality, those information requirements should be applied to credit institutions in a proportionate manner having regard to their size and complexity. Other sellers of credit agreements should be encouraged to use those standards in order to facilitate the valuation of credit agreements for sale.
Amendment 400 #
Proposal for a directive
Article 14 – paragraph 1
Article 14 – paragraph 1
1. EBA shall develop draft implementing technical standards that specify the formats to be used by creditors who are credit institutions for the provision of information as set out in Article 13(1), in order to provide detailed information on their credit exposures in the banking book to credit purchasers for the screening, financial due diligence and valuation of the credit agreement. or’s rights under a non-performing credit agreement or of the non-performing credit agreement itself. EBA shall specify in the implementing technical standards the required data fields for creditor’s rights under a non-performing credit agreement or for the non-performing credit agreement itself in order to meet the information requirements as set out in Article 13(1), which shall be applied to credit institutions in a proportionate manner having regard to their size and complexity.