7 Amendments of Jean-Paul GAUZÈS related to 2010/0207(COD)
Amendment 150 #
Proposal for a directive
Article 2 – paragraph 1 – point h a (new)
Article 2 – paragraph 1 – point h a (new)
(ha) The duty to pay contributions only applies when the amount of funds held by the DGS is less than the target level.
Amendment 152 #
Proposal for a directive
Article 2 – paragraph 1 – point i
Article 2 – paragraph 1 – point i
(i) ‘'available financial means’' means cash, deposits and low-risk assets with a residual term to final maturity of 24 months or less, which can be liquidated within a time limit not exceeding the limit set by Article 7(1);
Amendment 155 #
Proposal for a directive
Article 2 – paragraph 1 – point i a (new)
Article 2 – paragraph 1 – point i a (new)
(ia) Available financial means may also include: (I) payment commitments which are duly backed by collateral and subject to the following conditions: a) the collateral consists of low risk assets unencumbered by any third party rights, at the free disposal, and earmarked for the exclusive use of the Deposit Guarantee Scheme which has the irrevocable right to claim these payments on demand, b)Valuation haircuts are applied in the valuation of underlying assets and the DGS requires the haircut-adjusted market value of the underlying assets to be maintained over time.
Amendment 192 #
Proposal for a directive
Article 7 – paragraph 1 – subparagraph 1
Article 7 – paragraph 1 – subparagraph 1
Amendment 200 #
Proposal for a directive
Article 7 – paragraph 1 a (new)
Article 7 – paragraph 1 a (new)
1a. The beginning of the pay out period requires that accurate data on depositors and deposits, which are necessary for the verification of claims, and a valid account number for such pay out are available.
Amendment 220 #
Proposal for a directive
Article 9 – paragraph 1 – subparagraph 3
Article 9 – paragraph 1 – subparagraph 3
The available financial means shall at least reach the target level. Where the financing capacity falls short of the target level, the payment of contributions shall resume at least until the target level is reached again. WThe regular contributions are 0.1% of covered deposits. After the target level has been reached for the first time, where the available financial means amount to less than two thirds of the target level due to funds being paid out, the regular contribution shall not be less than 0.25% of eligiblecovered deposits.
Amendment 274 #
Proposal for a directive
Article 11 – paragraph 1
Article 11 – paragraph 1
1. The contributions to Deposit Guarantee Schemes referred to in Article 9 shall be determined for each member on the basis of the degree of risk incurred by it. Credit institutions shall not pay less than 75% or more than 2050% of the amount that a bank with an average risk would have to contribute. Member States may decide that members of Schemes referred to in Article 1(3) and (4) pay lower contributions to Deposit Guarantee Schemes but not less than 37.5% of the amount that a bank with an average risk would have to contribute.