3 Amendments of Jörg MEUTHEN related to 2017/0090(COD)
Amendment 206 #
Proposal for a regulation
Article 1 – paragraph 1 – point 11
Article 1 – paragraph 1 – point 11
Regulation (EU) No 648/2012
Article 39 – paragraph 11
Article 39 – paragraph 11
11. Where the requirement referred to in paragraph 9 is satisfied, the assets and positions recorded in those accounts shallmay not be considered part of the insolvency estate of the CCP or the clearing member without prejudice to the applicable Member State's insolvency law.;
Amendment 226 #
Proposal for a regulation
Article 1 – paragraph 1 – point 13
Article 1 – paragraph 1 – point 13
Regulation (EU) No 648/2012
Article 65 – paragraph 2
Article 65 – paragraph 2
Amendment 264 #
Proposal for a regulation
Article 1 – paragraph 1 – point 20
Article 1 – paragraph 1 – point 20
Regulation (EU) No 648/2012
Article 89 – paragraph 1 – subparagraph 1
Article 89 – paragraph 1 – subparagraph 1
1. Until [PO please add date of entry into force + 35 years], the clearing obligation set out in Article 4 shall not apply to OTC derivative contracts that are objectively measurable as reducing investment risks directly relating to the financial solvency of PSAs, and to entities established to provide compensation to members of PSAs in case of a default of a PSA.;