11 Amendments of Pervenche BERÈS related to 2011/0202(COD)
Amendment 140 #
Proposal for a regulation
Recital 1 a (new)
Recital 1 a (new)
(1a) At the same time as improving the governance and operation of the Basel Committee on Banking Supervision, efforts need to be made to strengthen international governance arrangements for other market segments; the BCBS rules should therefore come into force in the form of international treaties, to which the European Commission should be a contracting party on the basis of mandate negotiated with the European Parliament and the Council.
Amendment 163 #
Proposal for a regulation
Recital 25 a (new)
Recital 25 a (new)
(25a) Supervisory approaches are based on a time horizon of no more than one year (calculation of value at risk, liquidity ratio), thus increasing investors’ propensity to shorten their investment horizons. The current regulatory and supervisory framework therefore needs to be revised in order to introduce provisions that will foster the long-term investment that the real economy needs.
Amendment 168 #
Proposal for a regulation
Recital 31 a (new)
Recital 31 a (new)
(31a) Alongside supervisory surveillance aimed at ensuring financial stability, there is a need for enhancing mechanisms designed to develop an effective surveillance and prevention of potential bubbles in order to ensure optimum allocation of capital in the light of the macroeconomic challenges and objectives, in particular with respect to long term investment in the real economy.
Amendment 207 #
Proposal for a regulation
Recital 83 a (new)
Recital 83 a (new)
(83a) The primary duty of the legal framework for credit institutions should be to ensure the operation of vital services to the real economy while limiting the risk of moral hazard. The structural separation of retail and investment banking activities within a banking group would be a key tool to support this objective. No provision in the current regulation should therefore prevent the introduction of measures to effect such a separation. The Commission should be required to analyse the options for achieving such separation in the Union and produce a report, accompanied by legislative proposals, to the European Parliament and Council.
Amendment 669 #
Proposal for a regulation
Article 120 – paragraph 1 – point a
Article 120 – paragraph 1 – point a
(a) exposures or any part of an exposure fully and completely secured by mortgages, or by an eligible protection provider within the meaning of Article 197, on residential property which is or shall be occupied or let by the owner, or the beneficial owner in the case of personal investment companies, shall be assigned a risk weight of 35%;
Amendment 1196 #
Proposal for a regulation
Article 413 – paragraph 1
Article 413 – paragraph 1
1. Institutions shall report their capped liquidity inflows. Capped liquidity inflows shall be the liquidity inflows limited to 75% of liquidity outflows. Competent authorities shall waive to apply, capped liquidity inflows in the context of activities as defined in Annex I of the Directive, when satisfactorily secured by collateral or protections. Institutions may exempt liquidity inflows from deposits placed with other institutions and qualifying for the treatments set out in Article 108(6) or Article 108(7) from this limit.
Amendment 1218 #
Proposal for a regulation
Article 413 – paragraph 2 – point c a (new)
Article 413 – paragraph 2 – point c a (new)
(c a) Should a non credit institution be compelled by competent authorities to report the items referred to under Article 403, and this institution does not receive deposits from the public, then this institution shall apply to any liquidity facilities and commitments received from credit institutions a treatment identical and symmetrical to the one applied to such facilities and commitments by the lending credit institution under Article 410.
Amendment 1284 #
Proposal for a regulation
Article 416 – paragraph 6 – subparagraph 2
Article 416 – paragraph 6 – subparagraph 2
In determining the exposure value of items listed in Annex II and of credit derivatives, institutions shall not take into account the effects of contracts for novation and other netting agreements, except contractual cross-product netting agreements, in accordance with Article 289.
Amendment 1613 #
Proposal for a regulation
Article 486 a (new)
Article 486 a (new)
Article 486 a Options for structural separation of retail and investment banking activities By 31 July 2012 the Commission shall review and report on the options for achieving the structural separation of retail and investment banking activities within the Union and shall submit this report to the European Parliament and the Council, accompanied, by a legislative proposal.
Amendment 1618 #
Proposal for a regulation
Article 486 b (new)
Article 486 b (new)
Article 486 b Social and environmental impact of credit activities By 1st January 2013, the European Banking Authority should develop technical standards designed to evaluate the social and environmental impact resulting from the lending activity of credit institutions. On this basis, these institutions will be required to communicate to the competent ESA a yearly report on the social and environmental impact of their lending activities.
Amendment 1619 #
Proposal for a regulation
Article 486 c (new)
Article 486 c (new)
Article 486 c Optimum allocation of capital By the 1st January 2013, CESR should be required to produce an comprehensive analysis designed to identify the potential supervisory and prudential improvements with respect to regulatory competence, financial means and human resources, in order to ensure an effective optimal allocation of capital in the light of the macroeconomic challenges and objectives, more particularly with respect to long term investment in the real economy. On the basis of this analysis, the European Commission should present an impact assessment on the potential benefits and costs for this purpose and present, if appropriate, legislative proposals to the European Parliament and Council.