BETA

Activities of Werner LANGEN related to 2013/0253(COD)

Plenary speeches (2)

Resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Bank Resolution Fund (debate)
2016/11/22
Dossiers: 2013/0253(COD)
Resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Bank Resolution Fund (debate)
2016/11/22
Dossiers: 2013/0253(COD)

Amendments (22)

Amendment 237 #
Proposal for a regulation
Article 2 – paragraph 1 – subparagraph 1 (new)
unless they are classified as less important pursuant to Article 6(4) of the Council Regulation conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of credit institutions (SSM).
2013/10/22
Committee: ECON
Amendment 268 #
Proposal for a regulation
Article 5 – paragraph 2
2. The Board, when shall act ing as national resolution authority, shall act, where relevant, under authorisation of the Commissccordance with the powers granted to it under this Regulation.
2013/10/22
Committee: ECON
Amendment 473 #
Proposal for a regulation
Article 15 – paragraph 1 – introductory part
WMember States shall ensure that when applying the bail-in tool to an institution underhe resolution, and without prejudice to liabilities excluded from the bail-in tool under Article 24(3), the Commission shall decide on, and the Boauthorities make use of their write down and conversion powers in accord and the national resolution authorities of the participating Member States shall exercise the write down and conversion powers to claims following a reverse order of priority to the following order for normal insolvency procedures:ce with the requirements laid down in Article 43 of the directive establishing a framework for the recovery and resolution of credit institutions and investment firms (BRRD).
2013/10/22
Committee: ECON
Amendment 482 #
Proposal for a regulation
Article 15 – paragraph 1 – point a
(a) claims related to eligible deposits and claims from deposit guarantee schemes;deleted
2013/10/22
Committee: ECON
Amendment 489 #
Proposal for a regulation
Article 15 – paragraph 1 – point b
(b) unsecured non preferred claims;deleted
2013/10/22
Committee: ECON
Amendment 494 #
Proposal for a regulation
Article 15 – paragraph 1 – point c
(c) claims subordinated other than those mentioned in points (d) to (f);deleted
2013/10/22
Committee: ECON
Amendment 499 #
Proposal for a regulation
Article 15 – paragraph 1 – point d
(d) claims from senior executives and directors;deleted
2013/10/22
Committee: ECON
Amendment 504 #
Proposal for a regulation
Article 15 – paragraph 1 – point e
(e) claims related to additional Tier 1 and Tier 2 instruments;deleted
2013/10/22
Committee: ECON
Amendment 509 #
Proposal for a regulation
Article 15 – paragraph 1 – point f
(f) claims related to common equity Tier 1 instruments;deleted
2013/10/22
Committee: ECON
Amendment 547 #
Proposal for a regulation
Article 16 – paragraph 6
6. Having regard to the urgency of the circumstances in the case, the Commission shall decide, on its own initiative or taking into account, if any, the communication referred to in paragraph 1 or the recommendation of the Board referred to in paragraph 5, whether or not to place the entity under resolution, and on the framework of the resolution tools that shall be applied in respect of the entity concerned and of the use of the Fund to support the resolution action. The Commission, on its own initiative, may decide to place an entity under resolution if all the conditions referred to in paragraph 2 are medeleted (This amendment applies throughout the text.)
2013/10/22
Committee: ECON
Amendment 650 #
Proposal for a regulation
Article 24 – paragraph 1 – subparagraph 1 – introductory part
The bail-in tool may be applied for either of the following purposes and in accordance with Articles 37 and 38 of the directive establishing a framework for the recovery and resolution of credit institutions and investment firms (BRRD):
2013/10/22
Committee: ECON
Amendment 754 #
Proposal for a regulation
Article 39 – paragraph 1 – point b
(b) the Deputy Executive Director, as a member without the right to vote;
2013/10/22
Committee: ECON
Amendment 762 #
Proposal for a regulation
Article 39 – paragraph 1 – point c
(c) a member appointed by the Commission, as a member without the right to vote;
2013/10/22
Committee: ECON
Amendment 771 #
Proposal for a regulation
Article 39 – paragraph 1 – point d
(d) a member appointed by the ECBthe President of the ECB Supervisory Board, as a member without the right to vote;
2013/10/22
Committee: ECON
Amendment 779 #
Proposal for a regulation
Article 39 – paragraph 1 – point e a (new)
(ea) a member appointed by the ESM, as a member without the right to vote;
2013/10/22
Committee: ECON
Amendment 804 #
Proposal for a regulation
Article 44 – paragraph 1
The Board shall have its seat in Brussels, BelgiumFrankfurt am Main, Germany.
2013/10/22
Committee: ECON
Amendment 818 #
Proposal for a regulation
Article 48 – paragraph 2 a (new)
2a. If a decision taken by the Board would be such as to infringe the budgetary sovereignty of a Member State, approval of that decision shall be contingent upon the consent of the Member State in question.
2013/10/22
Committee: ECON
Amendment 896 #
Proposal for a regulation
Article 62 – paragraph 1 – introductory part
1. Entities referred to in Article 2 shall contribute to the budget of the Board in accordance with this Regulation and the delegated actguidelines on contributions adopted pursuant to paragraph 5. The contributions shall comprise the following:
2013/10/22
Committee: ECON
Amendment 905 #
Proposal for a regulation
Article 62 – paragraph 5 – introductory part
5. The Commission shall be empowered to adopt delegated actguidelines on contributions in accordance with Article 82 in order to:
2013/10/22
Committee: ECON
Amendment 1005 #
Proposal for a regulation
Article 73 – paragraph 4
4. In the event resources of a deposit guarantee scheme are not sufficient to cover the payments to be made to depositors, and other resources are not immediately available from the relevant participating Member State, the Fund may lend the necessary resources to that deposit guarantee scheme provided that all the conditions under Article 10 of Directive 94/19/EC are met.deleted
2013/10/22
Committee: ECON
Amendment 1047 #
Proposal for a regulation
Article 88 – paragraph 2
Articles 7 to 23 and Articles 25 to 38 shall apply from 1 January 2015.
2013/10/22
Committee: ECON
Amendment 1048 #
Proposal for a regulation
Article 88 – paragraph 3
Article 24 shall apply from 1 January 2018.deleted
2013/10/22
Committee: ECON