BETA

57 Amendments of Markus FERBER related to 2021/0342(COD)

Amendment 331 #
Proposal for a regulation
Recital 11
(11) Most EU corporates, however, do not seek external credit ratings, in particular due to cost considerations. To avoid disruptive impacts on bank lending to unrated corporates and to provide enough time to establish public or private initiatives aimed at increasing the coverage of external credit ratings, it is necessary to provide for a transitional period for such increase in the coverage. During that transitional period, institutions using IRB approaches should be able to apply a favourable treatment when calculating their output floor for investment grade exposures to unrated corporates, whilst initiatives to foster widespread use of credit ratings should be established. That transitional arrangement should be coupled with a report prepared by the European Banking Authority (‘EBA’). After the transition period, institutions should be able to refer to credit assessments by ECAIs to calculate the capital requirements for most of their corporate exposures. To inform any future initiative on the set-up of public or private rating schemes, the European Supervisory Authorities (ESAs) should be requested to prepare a report on the impediments to the availability of external credit ratings by ECAIs, in particular for corporates, and on possible measures to address those impediments. Member States, in close cooperation with their central bank, should assess whether a request for the recognition of their central bank as ECAI in accordance with Article 2 of Regulation (EC) 1060/2009 and the provision of corporate ratings by the central bank for the purposes of this Regulation may be desirable in order to increase the coverage of external ratings. In the meanwhile, the European Commission stands ready to provide technical support to Member States via its Technical Support Instrument in this area, e.g. to formulate strategies on increasing the rating- penetration of their unlisted corporates or to explore best practices on setting up entities capable of providing ratings or providing related guidance to corporates.
2022/08/11
Committee: ECON
Amendment 349 #
Proposal for a regulation
Recital 38
(38) It is necessary to reduce the compliance burden for disclosure purposes and to enhance the comparability of disclosures. EBA should therefore establish a centralised web-based platform that enables the disclosure of information and data submitted by institutions. That centralised web-platform should serve as a single access point on institutions’ disclosures, while ownership of the information and data and the responsibility for their accuracy should remain with the institutions that produce it. The centralisation of the publication of disclosed information should be fully consistent with the Capital Market Union Action Plan and represents further step towards the development of an EU-wide single access point for companies’ financial and sustainable investment- related information.
2022/08/11
Committee: ECON
Amendment 350 #
Proposal for a regulation
Recital 40
(40) To ensure convergence across the Union and a uniform understanding of the environmental, social and governance (ESG) factors and risks, general definitions should be laid down. The exposure to ESG risks is not necessarily proportional to an institution’s size and complexity. Level of exposures across the Union are also quite heterogeneous, with some countries showing potential mild transitional impacts and others showing potential high transitional impacts on exposures related to activities that have a significant negative impact on the environment. The transparency requirements that institutions are subject and the sustainability reporting requirements laid down in other pieces of existing legislation in the Union will provide more granular data in a few years. However, to properly assess the ESG risks that institutions may face, it is imperative that markets and supervisors obtain adequate data from all entities exposed to those risks, independently of their size. In order to ensure that competent authorities have at their disposal data that are granular, comprehensive and comparable for an effective supervision, information on exposures to ESG risks should be included in the supervisory reporting of institutions. The scope and granularity of that information should be consistent with the principle of proportionality, having regard to the size and complexity of the institutions.deleted
2022/08/11
Committee: ECON
Amendment 351 #
Proposal for a regulation
Recital 41
(41) As the transition of the Union economy towards a sustainable economic model is gaining momentum, sustainability risks become more prominent and will potentially require further consideration. It is therefore necessary to bring forward by 2 years EBA’s mandate to assess and report on whether a dedicated prudential treatment of exposures related to assets or activities substantially associated with environmental or social objectives would be justified.deleted
2022/08/11
Committee: ECON
Amendment 362 #
Proposal for a regulation
Recital 41 a (new)
(41 a) The infrastructure supporting factor has been proven successful and should thus be maintained in its current form.
2022/08/11
Committee: ECON
Amendment 375 #
Proposal for a regulation
Article 1 – paragraph 1 – point 1 – point b
Regulation (EU) No 575/2013
Article 4 – paragraph 1 – point 18 – point b
(b) operational leasing, factoring, the management of unit trusts, the ownership or management of property, the provision of data processing services or any other activity that is ancillary to banking;
2022/08/11
Committee: ECON
Amendment 380 #
Proposal for a regulation
Article 1 – paragraph 1 – point 1 – point b
Regulation (EU) No 575/2013
Article 4 – paragraph 1 – point 18 – point c
(c) any other activity considered similar by EBA to those mentioned in points (a) and (b);;deleted
2022/08/11
Committee: ECON
Amendment 397 #
Proposal for a regulation
Article 1 – paragraph 1 – point 1 – point l
Regulation (EU) No 575/2013
Article 4 – paragraph 1 – point 52d
(52d) ‘environmental, social or governance (ESG) risk’ means the risk of losses arising from any negative financial impact on the institution stemming from the current or prospective impacts of environmental, social or governance (ESG) factors on the institution’s counterparties or invested assets;deleted
2022/08/11
Committee: ECON
Amendment 434 #
Proposal for a regulation
Article 1 – paragraph 1 – point 1 – point w a (new)
Regulation (EU) No 575/2013
Article 4 – paragraph 1 – point 145 – point b
(w a) Article 4(1), point (145), point b is amended as follows: "the total value of its assets on an individual basis or, where applicable, on a consolidated basis in accordance with this Regulation and Directive 2013/36/EU is on average equal to or less than the threshold of EUR 7,5 billion over the four-year period immediately preceding the current annual reporting period; Member States may lower that threshold"
2022/08/11
Committee: ECON
Amendment 511 #
Proposal for a regulation
Article 1 – paragraph 1 – point 13
Regulation (EU) No 575/2013
Article 49 – Paragraph 4 – subparagraph 2
The holdings in respect of which deduction is not made in accordance with paragraphs 2 or 3 shall always qualify as exposures and shall be risk weighted at 100 %.;
2022/08/11
Committee: ECON
Amendment 645 #
Proposal for a regulation
Article 1 – paragraph 1 – point 26
Directive 2013/36/EU
Article 104 – paragraph 2 – point g
(g) listed equities, unless those equities are strategic holdings with an intended holding period of six years or longer; or the equities were not listed at the time of purchase;
2022/08/11
Committee: ECON
Amendment 661 #
Proposal for a regulation
Article 1 – paragraph 1 – point 34
Regulation (EU) No 575/2013
Article 111 – Paragraph 2
(e a) 0% for items in bucket 6. (To be read in conjunction with the corresponding change in Annex I.)
2022/08/11
Committee: ECON
Amendment 669 #
Proposal for a regulation
Article 1 – paragraph 1 – point 34
Regulation (EU) No 575/2013
Article 111 – paragraph 4
4. For contractual arrangements offered by an institution, but not yet accepted by the client, that would become commitments if accepted by the client, and contractual arrangements that would qualify as commitments but meet the conditions for not being treated as commitments, the percentage applicable to that type of contractual arrangement shall be that provided for in accordance with paragraph 2.deleted
2022/08/11
Committee: ECON
Amendment 678 #
Proposal for a regulation
Article 1 – paragraph 1 – point 39
Regulation (EU) No 575/2013
Article 121 – paragraph 1 – point a – point ii
(ii) the institution meets or exceeds the requirement laid down in Article 92(1), the requirements referred to in Articles 458(2)(d)(i), 458(2)(d)(vi) and 459(a), the specific own funds requirements referred to in Article 104a of Directive 2013/36/EU, the combined buffer requirement defined in Article 128, point (6), of Directive 2013/36/EU andor any equivalent or additional local supervisory or regulatory requirements in third countries, insofar as those requirements are publishedapplicable to that institution and are to be met by Common Equity Tier 1 capital, Tier 1 capital or own funds;, as applicable, or where exposures to a financial institution shall be treated as exposures to an institution according to Article 119(5), any comparable prudential requirements.
2022/08/11
Committee: ECON
Amendment 680 #
Proposal for a regulation
Article 1 – paragraph 1 – point 39
Regulation (EU) No 575/2013
Article 121 – paragraph 1 – point b – point ii
(ii) the institution meets or exceeds the requirement laid down in Article 92(1), the requirements referred to in Articles 458(2)(d)(i), 458(2)(d)(vi) and 459(a), the specific own funds requirements referred to in Article 104a of Directive 2013/36/EU and, the combined buffer requirement defined in Article 128, point (6), of Directive 2013/36/EU or any equivalent or additional local supervisory or regulatory requirements in third countries, insofar as those requirements are publishedapplicable to that institution and are to be met by Common Equity Tier 1 capital, Tier 1 capital and own funds; or own funds, as applicable, or where exposures to a financial institution shall be treated as exposures to an institution according to Article 119(5), any comparable prudential requirements.
2022/08/11
Committee: ECON
Amendment 705 #
Proposal for a regulation
Article 1 – paragraph 1 – point 41
Regulation 575/2013
Article 122a – Paragraph 3 – point a – point i – introductory part
(i) 8075 % where the exposure is deemed to be high quality when taking into account all of the following criteria:
2022/08/11
Committee: ECON
Amendment 764 #
Proposal for a regulation
Article 1 – paragraph 1 – point 42
Regulation 575/2013
Article 123 – paragraph 1 – subparagraph 1 – point a – point i
(i) an exposure to one or morea group of natural persons;
2022/08/11
Committee: ECON
Amendment 813 #
Proposal for a regulation
Article 1 – paragraph 1 – point 44
Regulation 575/2013
Article 124 – paragraph 7 – subparagraph 4
For the purposes of the second subparagraph of this paragraph, the authority designated in accordance with paragraph 6 may increase the risk weights laid down in Article 125(1), point (a), or Article 126(1), point (a). The authority shall not increase those to more than 150 %.deleted
2022/08/11
Committee: ECON
Amendment 834 #
Proposal for a regulation
Article 1 – paragraph 1 – point 47
Regulation 575/2013
Article 126a – paragraph 2 – introductory part
2. ADC exposures to residential property, however, may be risk weighted at 100 %, provided that, where applicable, the institution applies sound origination and monitoring standards which meet the requirements of Articles 74 and 79 of Directive 2013/36/EU and where at least one of the following conditions is met:
2022/08/11
Committee: ECON
Amendment 837 #
Proposal for a regulation
Article 1 – paragraph 1 – point 47
Regulation (EU) 575/2013
Article 126a – paragraph 2 – point a
(a) legally binding pre-sale or pre-lease contracts, for which the purchaser or tenant has made a substantial cash deposit which is subject to forfeiture if the contract is terminated, or a comparable financing arrangement amount to a significant portion of total contracts;
2022/08/11
Committee: ECON
Amendment 838 #
Proposal for a regulation
Article 1 – paragraph 1 – point 47
Regulation (EU) 575/2013
Article 126a – paragraph 2 – point b
(b) the obligor has substantial equity at risk, which is represented as an appropriate amount of obligor-contributed equity to the residential property's appraised value upon completion.
2022/08/11
Committee: ECON
Amendment 875 #
Proposal for a regulation
Article 1 – paragraph 1 – point 52
Regulation (EU) 575/2013
Article 133 – paragraph 7a (new)
7 a. Long-term strategic equity exposures with an intended holding period of at least six years shall be assigned a risk weight of 100%.
2022/08/11
Committee: ECON
Amendment 897 #
Proposal for a regulation
Article 1 – paragraph 1 – point 61 – point c
Regulation 575/2013
Article 147 – paragraph 3 a
3a. Exposures to regional governments, local authorities or public sector entities shall all be assigned to the exposure class referred to in paragraph 2, point (a1), irrespective of the treatment such exposures would receive under. By derogation from the first sentence, exposures treated according to Articles 115 orand 116 shall be assigned to the exposure class referred to in paragraph 2, point (a).;
2022/08/11
Committee: ECON
Amendment 910 #
Proposal for a regulation
Article 1 – paragraph 1 – point 63 – point a
Regulation (EU) No 575/2013
Article 150 – paragraph 1 – subparagraph 3
An institution that is permitted to usCompetent authorities may allow an institution to apply the Standardised Approach for the following exposures where the IRB Approach is applied for othe calculation of risk- weighted exposure amounts for only some types of exposures within an exposure class, shall apply the Standardised Approach for the remaining types of exposures within that exposure class.;r types of exposures within those exposure classes: (a) exposures to central governments and central banks of the Member States and its regional governments, local authorities, administrative bodies and public sector entities if the exposures to the central government and central bank are assigned a 0% risk weight under Article 114(2) or (4) and if there is no difference in risk between the exposures to that central government and central bank and those other exposures in the Member State; (b) exposures of an institution to a counterparty which is its parent undertaking, its subsidiary or a subsidiary of its parent undertaking provided that the counterparty is an institution or a financial holding company, mixed financial holding company, financial institution, asset management company or ancillary services undertaking subject to appropriate prudential requirements or an undertaking linked by a relationship within the meaning of Article 12(1) of Directive83/349/EEC; (c) exposures between institutions subject to Article 113(7).
2022/08/18
Committee: ECON
Amendment 981 #
Proposal for a regulation
Article 1 – paragraph 1 – point 98 – point b a (new)
Regulation (EU) No 575/2013
Article 197 – paragraph 1 – points i and j
(b a) points (i) and (j) are added: (i) amounts receivable linked to a commercial transaction or transactions with an original maturity of less than or equal to one year. Eligible receivables do not include those associated with securitisations, sub-participations or credit derivatives or amounts owed by affiliated parties; (j) other physical collateral in accordance with Article199 paragraphs 6 and 8; The requirements outlined in Article 210 apply mutatis mutandis.
2022/08/18
Committee: ECON
Amendment 1005 #
Proposal for a regulation
Article 1 – paragraph 1 – point 103 – point a – point i
Regulation (EU) No 575/2013
Article 208 – paragraph 3 – point b – subparagraph 1 a
The value of the property shall not exceed the moving average value measured for that property or for a comparable property over the last three years in case of commercial immovable property, and over the last six years in case of residential property. Modifications made to the property that improve the energy efficiency of the building or housing unit shall be considered as unequivocally increasing its value.;
2022/08/18
Committee: ECON
Amendment 1053 #
Proposal for a regulation
Article 1 – paragraph 1 – point 131
Regulation (EU) No 575/2013
Article 314 – paragraph 3 a (new)
3 a. Institutions that are a member of an institutional protection scheme as defined in Article 113(7) may net the fee and commission income and expenses received from and paid to other members the same institutional protection scheme for the purposes of calculating the Services Component.
2022/08/18
Committee: ECON
Amendment 1151 #
Proposal for a regulation
Article 1 – paragraph 1 – point 176
Regulation (EU) No 575/2013
Article 430 – paragraph 1 – point h
(176) in Article 430, paragraph 1, the following point (h) is added: ‘ (h) ’deleted their exposures to ESG risks.;
2022/08/18
Committee: ECON
Amendment 1154 #
Proposal for a regulation
Article 1 – paragraph 1 – point 176 a (new)
Regulation (EU) 575/2013
Article 430 – paragraph 1 – subparagraph 2 a (new)
(176 a) in Article 430(1), the following subparagraph is added : Institutions which meet the definition of small and non-complex institutions shall be exempted from reporting points (e) to (g).
2022/08/18
Committee: ECON
Amendment 1155 #
Proposal for a regulation
Article 1 – paragraph 1 – point 176 b (new)
Regulation (EU) No 575/2013
Article 430 – paragraph 8 a (new)
(176 b) in Article 430, the following paragraph is inserted: 'By 1 January 2024 and every year thereafter, the EBA shall publish a progress report on the implementation of the mandate given in paragraph 8 of this Article. EBA shall specifically detail the progress made in relation to the objective specified in point (e) of paragraph 8.'
2022/08/18
Committee: ECON
Amendment 1158 #
Proposal for a regulation
Article 1 – paragraph 1 – point 180
Regulation (EU) No 575/2013
Article 433b
(180) in Article 433b(1), point (a) is amended as follows: (a) point (ii) is replaced by the following: ‘(ii) points (c), (d) and (da) of Article 438;’; (b) the following point (iv) is added: ‘(iv) points (c) and (d) of Article 442;’; is replaced by the following: Article 433b Disclosures by small and non-complex institutions “Small and non-complex institutions are exempted from disclosure requirements.”
2022/08/18
Committee: ECON
Amendment 1174 #
Proposal for a regulation
Article 1 – paragraph 1 – point 189
Regulation (EU) No 575/2013
Article 449a
(189) Article 449a is replaced by the following: ‘ Article 449a Disclosure of environmental, social and governance risks (ESG risks) Institutions shall disclose information on ESG risks, including physical risks and transition risks. The information referred to in the first paragraph shall be disclosed on an annual basis by small and non-complex institutions and on a semi-annual basis by other institutions. EBA shall develop draft implementing technical standards specifying uniform disclosure formats for ESG risks, as laid down in Article 434a, ensuring that they are consistent with and uphold the principle of proportionality.’ For small and non-complex institutions, the formats shall not require disclosure of information beyond the information required to be reported to competent authorities in accordance with Article 430(1), point (h).; ’deleted
2022/08/18
Committee: ECON
Amendment 1185 #
Proposal for a regulation
Article 1 – paragraph 1 – point 193
Regulation (EU) No 575/2013
Article 461a – introductory part
‘The Commission shall monitor the implementation of the international standards on own funds requirements for market risk in third countries. Where significant differences between the Union implementation and third countries’ implementation of those international standards are observed, including as regards the impact of the rules in terms of own funds requirements and as regards their entry into application, the Commission shall be empowered to adopt a delegated act in accpostpone by two years the date from which institutions shall apply the own funds requirements for market risk set out in Part Three, Title IV, ord ance with Article 462 to amend this Regulation by:y of the approaches to calculate the own funds requirements for market risk referred to in Article 325(1). The Commission shall, where appropriate, submit to European Parliament and to the Council a legislative proposal by 31 December 2026 to amend the framework for own funds requirements for market risk in light of significant differences.’
2022/08/18
Committee: ECON
Amendment 1189 #
Proposal for a regulation
Article 1 – paragraph 1 – point 193
Regulation (EU) No 575/2013
Article 461a – point a
(a) applying, where necessary to deliver a level playing field, a multiplier equal to or greater than 0 and lower than 1 to the institutions’ own funds requirements for market risk, calculated for specific risk classes and specific risk factors using one of the approaches referred to indeleted Articles 325c to 325ay, specifying Articles 325(1), and laid out in: (i) the alternative standardised approach; (ii) the alternative internal model approach; (iii) simplified standardised approach, to offset those observed differences between the third countries rules and Union law;az to 325bp, specifying Articles 326 to 361, specifying the
2022/08/18
Committee: ECON
Amendment 1191 #
Proposal for a regulation
Article 1 – paragraph 1 – point 193
Regulation (EU) No 575/2013
Article 461a – paragraph 1 – point b
(b) postponing by two years the date from which institutions shall apply the own funds requirements for market risk set out in Part Three, Title IV, or any of the approaches to calculate the own funds requirements for market risk referred to in Article 325(1).;deleted
2022/08/18
Committee: ECON
Amendment 1232 #
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 3 – subparagraph 1
3. By way of derogation from Article 92(5)(a), point (i), parent institutions, parent financial holding companies or parent mixed financial holding companies, stand-alone institutions in the EU or stand- alone subsidiary institutions in Member States may, until 31 December 203240, assign a risk weight of 65 % to exposures to corporates for which no credit assessment by a nominated ECAI is available provided that that entity estimates the PD of those exposures, calculated in accordance with Part Three, Title II, Chapter 3, is no higher than 0,5 %.
2022/08/18
Committee: ECON
Amendment 1251 #
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 3 – subparagraph 2
EBA shall monitor the use of the transitional treatment laid down in the first subparagraph and the availability of credit assessments by nominated ECAIs for exposures to corporates. EBA shall provide an assessment whether the rating coverage for European corporates is high enough to justify a an end of the transitional regime. EBA shall report its findings to the Commission by 31 December 20238.
2022/08/18
Committee: ECON
Amendment 1267 #
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 3 – subparagraph 3
On the basis of that report and taking dueinto account of the related internationally agreed standards developed by the BCBSactual loss rates in high- quality corporate lending and the potential effects to the own funds requirements of institutions, the Commission shallmay, where appropriate, submit to the European Parliament and to the Council a legislative proposal by 31 December 2031adopt a delegated act in accordance with Article 462 to extend the transitional regime by up to seven years.
2022/08/18
Committee: ECON
Amendment 1283 #
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 4 – subparagraph 2
The Commission may, havingwhile takening into account the EBA report referred to in Article 514, adopt a delegated act in accordance with Article 462 to permanently modify the value of alpha, where appropriate.
2022/08/18
Committee: ECON
Amendment 1297 #
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 5 – subparagraph 1 – point a
(a) until 31 December 20327, a risk weight of 10 % to the part of the exposures secured by mortgages on residential property up to 55 % of the property value remaining after any senior or pari passu ranking liens not held by the institution have been deducted,
2022/08/18
Committee: ECON
Amendment 1311 #
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 5 – subparagraph 1 – point b
(b) until 31 December 202934, a risk weight of 45% to any remaining part of the exposures secured by mortgages on residential property up to 80 % of the property value remaining after any senior or pari passu ranking liens not held by the institution have been deducted, provided that the adjustment to own funds requirements for credit risk referred to in Article 501 is not applied.
2022/08/18
Committee: ECON
Amendment 1320 #
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 5 – subparagraph 2 – introductory part
For the purposes of assigning the risk weights in accordance with the first subparagraph, all of the following conditionst least two of the conditions (a) to (c) shall be met:
2022/08/18
Committee: ECON
Amendment 1343 #
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 5 – subparagraph 3 – introductory part
Where the discretion referred to in the first subparagraph has been exercised and all the associated conditionst least two of the conditions (a) to (c) in the second subparagraph are met, institutions may assign the following risk weights to the remaining part of the exposures referred to in the second subparagraph, point (b), until 31 December 20327:
2022/08/18
Committee: ECON
Amendment 1347 #
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 5 – subparagraph 3 – point a
(a) 52,5 % during the period from 1 January 20305 to 31 December 20305;
2022/08/18
Committee: ECON
Amendment 1351 #
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 5 – subparagraph 3 – point b
(b) 60 % during the period from 1 January 20316 to 31 December 20316;
2022/08/18
Committee: ECON
Amendment 1359 #
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Regulation 575/2013
Article 465 – paragraph 5 – subparagraph 3 – point c
(c) 67,5 % during the period from 1 January 20327 to 31 December 20327.
2022/08/18
Committee: ECON
Amendment 1373 #
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 5 – subparagraph 5
EBA shall monitor the use of the transitional treatment in the first subparagraph and report to the Commission by 31 December 202833 on the appropriateness of the associated risk weights.
2022/08/18
Committee: ECON
Amendment 1382 #
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Regulation (UE) No 575/2013
Article 465 – paragraph 5 – subparagraph 6
On the basis of that report and taking due account of the relactual loss rateds internationally agreed standards developed by the BCBS residential real estate lending as well as the potential impact on own funds requirement for institutions, the Commission shall, where appropriate, submit to the European Parliament and to the Council a legislative proposal by 31 December 20316.;
2022/08/18
Committee: ECON
Amendment 1393 #
Proposal for a regulation
Article 1 – paragraph 1 – point 197
Regulation (EU) No 575/2013
Article 494d – introductory part
By way of derogation from Article 149, paragraphs 1, 2 and 3, an institution may from 1 January 2025[OP: insert date of entry into force of this regulation] until 31 December 2027, revert to the Standardised Approach for one or more of the exposure classes provided for in Article 147(2), where all the following conditions are met:
2022/08/18
Committee: ECON
Amendment 1395 #
Proposal for a regulation
Article 1 – paragraph 1 – point 197
Regulation (EU) No 575/2013
Article 494d – point b
(b) the institution requests a reversal to the Standardised Approach only once during that three year period;
2022/08/18
Committee: ECON
Amendment 1396 #
Proposal for a regulation
Article 1 – paragraph 1 – point 198
Regulation (EU) No 575/2013
Article 495 – paragraph 2 – subparagraph 1
2. Instead of applying the treatment laid down in paragraph 1, institutions that have received the permission to apply the Internal Ratings Based Approach to calculate the risk weighted exposure amount for equity exposures may alternatively choose to apply the treatment set out in Article 133 and the transitional arrangements in Article 495a to all of their equity exposures at any time until 31 December 2029.
2022/08/18
Committee: ECON
Amendment 1411 #
Proposal for a regulation
Article 1 – paragraph 1 – point 199
Regulation (EU) No 575/2013
Article 495a – paragraph 3
3. By way of derogation from Article 133, institutions may continue to assign the same risk weight that was applicable as of [OP please insert the date = one day before the date of entry into force of this amending Regulation] to equity exposures to entities of which they have been a shareholder at [adoption date] for six consecutive years and over which they exercise significant influence in the meaning of Directive 2013/34/EU, or the accounting standards to which an institution is subject under Regulation (EC) No 1606/2002, or a similarcomparable relationship between any natural or legal person and an undertaking.
2022/08/18
Committee: ECON
Amendment 1428 #
Proposal for a regulation
Article 1 – paragraph 1 – point 199
Regulation (EU) No 575/2013
Article 495c – paragraph 1 – introductory part
1. By way of derogation from Article 230, the applicable value of Hc corresponding to ‘other physical collateral’ for the exposures referred to in Article 199(7) where the propertyasset leased corresponds to the ‘other physical collateral’ type of funded credit protection, shall be the value of Hc for ‘other physical collateral’ provided for in Article 230(2), Table 1, multiplied by the following factors:
2022/08/18
Committee: ECON
Amendment 1432 #
Proposal for a regulation
Article 1 – paragraph 1 – point 199
Regulation (EU) 575/2013
Article 495c – paragraph 2 – subparagraph 1
2. EBA shall prepare a report on the appropriate calibrations of risk parameters associated with leasing exposures under the IRB and Standard Approach, and in particular on the LGDs and Hc provided for in Article 230. EBA shall in particular include in its report data on average numbers of defaults and realised losses observed in the Union for exposures associated with different types of leased propertieassets and different types of institutions practicing leasing activities.
2022/08/18
Committee: ECON
Amendment 1453 #
Proposal for a regulation
Article 1 – paragraph 1 – point 199
Regulation (EU) No 575/2013
Article 495d – paragraph 2 – subparagraph 1
2. EBA shall prepare a report to assess whether the derogation referred to in paragraph 1, point (a), should be extended beyond 31 December 2032 and, where necessary, detail the conditions under which that derogation should be maintained.
2022/08/18
Committee: ECON
Amendment 1494 #
Proposal for a regulation
Article 1 – paragraph 1 – point 202
(202) Article 501c, is replaced by the following: ‘Article 501c Prudential treatment of exposures to environmental and/or social factors’ EBA, after consulting the ESRB, shall, on the basis of available data and the findings of the Commission High-Level Expert Group on Sustainable Finance, assess whedeleted methodologies for ther a dedicated prudential treatment of exposures related to assets, including securitisations, or activities subject to impacts from environmental and/or social factors would be justified. In particular, EBA shall assess: (a) of the effective riskiness of exposures related to assets and activities subject to impacts from environmental and/or social factors compared to the riskiness of other exposure; (b) criteria for the assessment of physical risks and transition risks, including the risks related to the depreciation of assets due to regulatory changes; (c) long-term effects of a dedicated prudential treatment of exposures related to assets and activities subject to impacts from environmental and/or social factors on financial stability and bank lending in the Union. EBA shall submit a report on its findings to the European Parliament, to the Council and to the Commission by 28 June 2023.;ssessment the development of appropriate the potential short, medium and
2022/08/18
Committee: ECON
Amendment 1540 #
Proposal for a regulation
Article 1 – paragraph 1 – point 205a (new)
Regulation (EU) No 575/2013
Article 519da (new)
(205a) the following article is inserted: ‘Article 519da Proportionality EBA shall assess the extent to which the requirements of this Regulation, of Directive 2013/36/EU and of the delegated acts adopted by the Commission on the basis thereof address the financial stability relevance of Less Significant Institutions (LSIs), within the meaning of Article 6(4) of Regulation (EU) No 1024/2013, and shall report its findings to the Commission by 31 December 2023. The report to be produced shall cover: (a) an assessment of the relevance of LSIs at institution level for maintaining financial stability. That assessment shall include categorisation of LSIs by regionality. In that connection, EBA shall identify at what (EU) territorial unit level (local, regional, national) default by an individual LSI would have negative consequences for the financial stability of the Member State concerned; (b) an assessment of the proportionality of the requirements for the various categories of LSIs for maintaining financial stability; (c) recommendations as to how requirements can be varied so as to reflect the differing degrees of financial stability relevance of categories of LSIs, to the extent that is necessary, without jeopardising the financial soundness of the institution concerned.’
2022/08/18
Committee: ECON