2 Amendments of Syed KAMALL related to 2015/0225(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 7

Regulation (EU) No 575/2013
Article 255 – paragraph 8 a (new)

(8a) EBA shall develop draft regulatory standards to specify in greater detail the conditions to allow institutions to calculate KIRB for the underlying pools of securitisation in accordance with paragraph 4, in particular with regard to: (a) internal credit policy and models for calculating KIRB for securitisations; (b) use of different risk factors on the underlying pool to estimate PD and LGD; and (c) use of proxy data; and (d) due diligence requirements to monitor the actions and policies of receivables sellers. EBA shall submit those draft regulatory standards to the Commission by one year after entry into force of this Regulation. Power is delegated to the Commission to adopt the regulatory technical standards referred to this paragraph in accordance with the procedure laid down in Articles 10 to 14 of Regulation (EU) No 1095/2010.

2016/09/06
Committee: ECON

Syed KAMALL

Proposal for a regulation
Article 1 – paragraph 1 – point 7

Regulation (EU) No 575/2013
Article 257 – paragraph 2

(2) By derogation from paragraph 1, institutions shall only use the final legal maturity of the tranche to determine its maturity (MT) in accordance with point (b) of paragraph 1 where the contractual payments due under the tranche are conditional or dependent upon the actual performance of the underlying exposures.deleted

2016/09/06
Committee: ECON

2 Amendments of Syed KAMALL related to 2015/0225(COD)

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