Activities of Anni PODIMATA related to 2013/0253(COD)
Plenary speeches (1)
Resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Bank Resolution Fund (debate)
Amendments (6)
Amendment 422 #
Proposal for a regulation
Article 12 – paragraph 2 – subparagraph 1 – point d
Article 12 – paragraph 2 – subparagraph 1 – point d
(d) to protect depositors covered by Directive 94/19/EC and investors covered by Directive 97/9/EC21 and minimise the impact on all other depositors. __________________ 21 Directive 97/9/EC of the European Parliament and of the Council of 3 March 1997 on investor-compensation schemes. OJ L 084, 26.03.1997, p.22.
Amendment 670 #
Proposal for a regulation
Article 24 – paragraph 5 – subparagraph 1 – point c
Article 24 – paragraph 5 – subparagraph 1 – point c
(c) Where the exclusion is strictly necessary and proportionate to avoid giving rise to widespread contagion that would severely disrupt the functioning of financial markets in a manner that could cause a serious disturbance to the economy of a Member State or of the Uniona serious disturbance to the economy of a Member State or of the Union including to avoid widespread contagion that would severely disrupt the functioning of financial markets; or
Amendment 680 #
Proposal for a regulation
Article 24 – paragraph 7 – point a
Article 24 – paragraph 7 – point a
(a) a contribution to loss absorption and recapitalisation equal to an amount not less than 8% of the total liabilities including own funds of the institution under resolution, measured at the time of resolution action in accordance with the valuation provided for in Article 17, has been made by shareholders and the holders of other instruments of ownership, the holders of relevant capital instruments and other eligible liabilities excluding deposits through write down, conversion or otherwise;
Amendment 684 #
Proposal for a regulation
Article 24 – paragraph 8 – point c a (new)
Article 24 – paragraph 8 – point c a (new)
(ca) where the amounts referred to in points (a), (b) and (c) are insufficient or not readily available, amounts borrowed by public instruments, preferably a Community public instrument.
Amendment 972 #
Proposal for a regulation
Article 69 – paragraph 1
Article 69 – paragraph 1
1. The Board mayshall seek to contract for the Fund borrowings or other forms of support from financial institutions or other third parties, in the event that the amounts raised in accordance with Articles 66 and 67 are not immediately accessible or sufficient to cover the expenses incurred by the use of the Fund. If the Board fails to secure borrowings, it should make use of the loan facility established according to Article 64 paragraph 2 a (new).
Amendment 1009 #
Proposal for a regulation
Article 73 – paragraph 4
Article 73 – paragraph 4
4. In the event resources of a deposit guarantee scheme are not sufficient to cover the payments to be made to depositors, and other resources are not immediately available from the relevant participating Member State, the Fund mayshall, following a request by the deposit guarantee scheme, lend the necessary resources to that deposit guarantee scheme provided that all the conditions under Article 10 of Directive 94/19/EC are met.