5 Amendments of Pervenche BERÈS related to 2018/0043(COD)
Amendment 175 #
Proposal for a directive
Article 10 – paragraph 1
Article 10 – paragraph 1
Member States shall ensure investor protection by providing for a sufficient level of homogeneity of the assets in the cover pool so that they shall be of a similar nlaying down rules on the composition of cover pools. These rules shall, where appropriate, define the conditions for credit institutions issuing covered bonds to include primary cover assets that have different features in terms of structural features, lifetime of assets or risk profile. Member States may also, where relevant, lay down rules on the level of homogeneity required from assets in the cover pool.
Amendment 219 #
Proposal for a directive
Article 13 – paragraph 3
Article 13 – paragraph 3
3. A cover pool monitor shall be separate and independent from the credit institution issuing covered bonds and from that credit institution's auditor. The competent authority designated pursuant to Article 18(2) may - on a case by case basis only - allow the credit institution issuing covered bonds to monitor its cover pool.
Amendment 275 #
Proposal for a directive
Article 18 – paragraph 2
Article 18 – paragraph 2
2. For the purposes of the covered bond public supervision referred to in paragraph 1, Member States shall designate one or more competent authorities. They shall inform the Commission, EBA and EBSMA of those designated authorities and shall indicate any division of functions and duties.
Amendment 276 #
Proposal for a directive
Article 18 – paragraph 2 a (new)
Article 18 – paragraph 2 a (new)
2 a. EBA shall cooperate closely with ESMA in order to ensure the proper functioning of covered bond public supervision.
Amendment 277 #
Proposal for a directive
Article 18 – paragraph 2 b (new)
Article 18 – paragraph 2 b (new)
2 b. ESMA shall provide an opinion to the designated competent authority referred to in paragraph 2 for the purpose of adopting consistent approaches as regards covered bond public supervision.