BETA

7 Amendments of Markus FERBER related to 2017/2005(INI)

Amendment 16 #
Motion for a resolution
Recital B a (new)
Ba. whereas an EU-wide framework for covered bonds must be geared to the highest standards;
2017/04/28
Committee: ECON
Amendment 61 #
Motion for a resolution
Paragraph 4 – point e
e) Overcollateralisation (OC) is applied to the cover pool. By an extent to be determined in national law, the net present value of all cover pool assets must always be greater than the net present value of outstanding payment obligations. The value of cover pool assets is at all times to be determined on the basis of market prices when market prices are available and on the basis of face values adjusted for market conditions if no market prices are available;
2017/04/28
Committee: ECON
Amendment 72 #
Motion for a resolution
Paragraph 4 – point f
f) European or national law defines maximum loan-to-value (LTV) parameters for cover pool assets in a way that ensures that the removal of cover pool assets on the grounds of insufficient LTVa breach of the LTV limit occurs only if they are replaced by assets of at coverable ast the same market valuesets. The removal of cover pool assets in breach of LTV limits should not be mandatory, as maximum LTV requirements should only determine the contribution of any given cover pool asset to the coverage requirement;
2017/04/28
Committee: ECON
Amendment 94 #
Motion for a resolution
Paragraph 5 – point a
(a) The security is fully collateralised by assets defined by Article 129(1)(a)-(fg) of the CRR and satisfies the additional requirements of Article 129(2) and (7) of the CRR;
2017/04/28
Committee: ECON
Amendment 107 #
Motion for a resolution
Paragraph 6
6. Emphasises that the risk weights assigned to CBs in European legislation must reflect market assessments of underlying risks; underlines the need to eliminate market distortions by ensuring that the same applies to all other types of securities that enjoy preferential regulatory treatment, particularly government bonds;
2017/04/28
Committee: ECON
Amendment 118 #
Motion for a resolution
Paragraph 11
11. Supports the development of EBA recommendations for market standards and guidelines on best practices; encourages voluntary convergence along these lines;deleted
2017/04/28
Committee: ECON
Amendment 120 #
Motion for a resolution
Paragraph 12
12. Encourages the regular execution of stress tests for CB programmes and the publication of stress test results;deleted
2017/04/28
Committee: ECON