Activities of Notis MARIAS related to 2016/0360B(COD)
Plenary speeches (1)
Transitional arrangements for mitigating the impact of the introduction of IFRS 9 (debate) EL
Amendments (10)
Amendment 32 #
Proposal for a regulation
Citation 1 a (new)
Citation 1 a (new)
having regard to the Protocol (No 1) of the Treaty on the Functioning of the European Union (TFEU) on the role of national parliaments in the European Union,
Amendment 33 #
Proposal for a regulation
Citation 1 b (new)
Citation 1 b (new)
having regard to the Protocol (No 2) of the Treaty on the Functioning of the European Union (TFEU) on the application of the principles of subsidiarity and proportionality,
Amendment 34 #
Proposal for a regulation
Recital 1
Recital 1
Amendment 35 #
Proposal for a regulation
Recital 2
Recital 2
Amendment 36 #
Proposal for a regulation
Recital 4
Recital 4
Amendment 37 #
Proposal for a regulation
Recital 30
Recital 30
(30) In 2009, a good two years after the start of the financial crisis, a first set of reforms wereas finalised at international level and transposed into the Union law withunder Directive 2010/76/EU of the European Parliament and of the Council22. _________________ 22 Directive 2010/76/EU of the European Parliament and of the Council of 24 November 2010 amending Directives 2006/48/EC and 2006/49/EC as regards capital requirements for the trading book and for re-securitisations, and the supervisory review of remuneration policies (OJ L 329, 14.12.2010, p. 3).
Amendment 38 #
Proposal for a regulation
Recital 45
Recital 45
(45) The consolidation of subsidiaries in third countries should take due account of the stable funding requirements applicable in those countries. Accordingly, consolidation rules in the Union shouldmust not introduce a more favourable treatment for available and required stable funding in third country subsidiaries than the treatment which is available under the national law of those third countries.
Amendment 39 #
Proposal for a regulation
Recital 49
Recital 49
(49) Respondents to the Commission’s Call for Evidence on the EU regulatory framework for financial services regarded current disclosure requirements as disproportionate and burdensome for smaller institutions. Without prejudice to aligning disclosures more closely with international standards, smaller and less complex institutions should normally be required to produce less frequent and detailed disclosures than their larger peers, thus reducing the administrative burden to which they are subject.
Amendment 40 #
Proposal for a regulation
Recital 50
Recital 50
(50) Some clarifications should be made to the remuneration disclosures. Furthermore, institutions benefitting from a derogation from certain remuneration rules should bare required to disclose information concerning such derogation.
Amendment 58 #
Proposal for a regulation
Recital 52
Recital 52
(52) Small and medium-sized enterprises (SMEs) are one of the pillarsthe backbone of the Union’s economy as they play a fundamental role in creating economic growth and providing employment. Given the fact that SMEs carry a lower systematic risk than larger corporates, capital requirements for SME exposures should be lower than those for large corporates to ensure an optimal bank financing of SMEs. Currently, SME exposures of up to EUR 1,5 million are subject to a 23,81% reduction in risk weighted exposure amount. Given that the threshold of EUR 1,5 millionFor this reason, it is necessary for capital requirements for an SME exposure is not indicative of a change in riskiness of an SME, reduction in capital requirements should be extended to SME exposures beyond the threshold of EUR 1,5 million and for the exceeding part should amount to a 15% reduction of a risk-weighted exposure amounts to be more than EUR 1,5 million.