Activities of Claude GRUFFAT related to 2022/0404(COD)
Shadow reports (1)
REPORT on the proposal for a directive of the European Parliament and of the Council amending Directives 2009/65/EU, 2013/36/EU and (EU) 2019/2034 as regards the treatment of concentration risk towards central counterparties and the counterparty risk on centrally cleared derivative transactions
Amendments (1)
Amendment 9 #
Proposal for a directive
Article 3 a (new) Directive (EU) 2009/138/EC
Article 3 a (new) Directive (EU) 2009/138/EC
Article3a Amendments to Directive (EU) 2009/138/EC (3a) in Article 36 is modified as follows: a) the following point (a) of paragraph 2, is added: (2a) The supervisory authorities shall assess and monitor developments of undertakings’ practices concerning the management of their concentration risk arising from exposures towards central counterparties. b) the following sub-paragraph is added to paragraph 5: ‘(5) The supervisory authorities shall have the necessary powers to require undertakings to reduce exposures towards a central counterparty or to realign exposures across their clearing accounts in accordance with Article 7a of Regulation (EU) No 648/2012, where the supervisory authority considers there is excessive concentration risk towards that central counterparty’