5 Amendments of Olle SCHMIDT related to 2011/0006(COD)
Amendment 356 #
Proposal for a directive
Article 2 – point 15
Article 2 – point 15
Directive 2009/138/EC
Article 77a – paragraph 1
Article 77a – paragraph 1
EIOPA shall publish technical information includconcerning the relevant risk-free interest rate term structure. Where EIOPA observes an illiquidity counter cyclical premium in the financial markets in periods of stressed liquidity, information relating to the illiquiditycounter cyclical premium, including its size, shall also be published. EIOPA shall carry out the observation of the illiquiditycounter cyclical premium and the derivation of the information on a transparent, objective and reliable basis. Information for all these purposes shall be derived according to methods and assumptions which may include formulae, or determinations made by EIOPA. and in a manner that is consistent with the methodologies referred to in Article 86 and according to the detailed criteria, the calculation methods and assumptions specified in the delegated act referred to in Article 86(i).
Amendment 363 #
Proposal for a directive
Article 2 – point 15
Article 2 – point 15
Directive 2009/138/EC
Article 77a – paragraph 2
Article 77a – paragraph 2
The information referred to in the first paragraph shall be published for each relevant currency on at least a quarterly basis in a manner which is consistent with the methodologies referred to in Article 86.’.
Amendment 369 #
Proposal for a directive
Article 2 – point 15
Article 2 – point 15
Directive 2009/138/EC
Article 77a – paragraph 2 a (new)
Article 77a – paragraph 2 a (new)
Where the relevant risk-free interest rate term structure provides for a matching premium, a calculation methodology shall apply in accordance with the methodologies referred to in Article 86 and the detailed criteria, the calculation methods and assumptions specified in the delegated act referred to in Article 86(i), allowing insurance and reinsurance undertakings to calculate information relating to that premium, including its size. Extrapolation of the relevant risk- free interest rate term structure should start as soon as the relevant financial markets can no longer be considered as deep and liquid.
Amendment 375 #
Proposal for a directive
Article 2 – point 16
Article 2 – point 16
Directive 2009/138/EC
Article 86 – paragraph 4 a (new)
Article 86 – paragraph 4 a (new)
The insurance contracts for which the matching premium is applicable, the eligibility criteria of the type of assets allowed for backing the insurance liabilities and the method of calculation of the matching premium
Amendment 463 #
Proposal for a directive
Article 2 – point 70
Article 2 – point 70
Directive 2009/138/EC
Article 308a – paragraph 9 a (new)
Article 308a – paragraph 9 a (new)
9a. Where, on the date of entry into force of this Directive, home Member States applied provisions referred to in Article 4 of Directive 2003/41/EC, such home Member States may, until the review of Directive 2003/41/EC is completed, continue to apply the laws, regulations and administrative provisions that had been adopted by them with a view to comply with Articles 1 to 19, 27 to 30, 32 to 35 and 37 to 67 of Directive 2002/83/EC as in force on the last date of application of Directive 2002/83/EC.