3 Amendments of Othmar KARAS related to 2018/0043(COD)
Amendment 161 #
Proposal for a directive
Article 8 – paragraph 1 – introductory part
Article 8 – paragraph 1 – introductory part
Member States may lay down rules regarding the use, by way of an intragroup transaction, of covered bonds issued by a credit institution belonging to a group ('internally issued covered bonds') as collateral for the external issue of covered bonds by another credit institution 'belonging to the same group or the same institutional protection scheme according to Article 113(7) of Regulation (EU) 575/2013 ('externally issued covered bonds'). Member States shall ensure investor protection by including at least the following requirements in those rules:
Amendment 173 #
Proposal for a directive
Article 10 – paragraph 1
Article 10 – paragraph 1
Member States shall ensure investor protection by laying down rules providing for a sufficient level of homogeneity of the assets in the cover pool so that they shall be of a similar nature in terms of structural features, lifetime of assets or risk profilethe type of collateral backing the claims in the cover pool. With respect to the assets referred to in Article 6, a cover pool shall be considered sufficiently homogenous only if all of its primary assets belong to one of the following three groups: – assets compliant with points (a) to (c) of Article 129(1) of Regulation (EU) No 575/2013; – assets compliant with points (d) to (f) of Article 129(1) of Regulation (EU) No 575/2013; – assets compliant with point (g) of Article 129(1) of Regulation (EU) No 575/2013.
Amendment 243 #
Proposal for a directive
Article 16 – paragraph 2
Article 16 – paragraph 2
2. The cover pool liquidity buffer shall cover the net liquidity outflow for 180 calendar days, excluding the net liquidity outflow for those days that are already included in the liquidity coverage ratio pursuant to Article 412 of Regulation (EU) No 575/2013.