42 Amendments of Pablo ZALBA BIDEGAIN related to 2011/0202(COD)
Amendment 266 #
Proposal for a regulation
Article 7 – paragraph 1 – introductory part
Article 7 – paragraph 1 – introductory part
1. The competent authorities shallmay waive in full or in part the application of Article 401 to a parent institution and to all or some of its subsidiaries in the European Union and supervise them as a single liquidity sub- group so long as they fulfil all of the following conditions:
Amendment 424 #
Proposal for a regulation
Article 34 – paragraph 1 – point b a (new)
Article 34 – paragraph 1 – point b a (new)
(ba) the amount to be deducted shall be reduced by the amount of software classified as intangible assets under the relevant accounting standards.
Amendment 426 #
Proposal for a regulation
Article 35 – paragraph 5 a (new)
Article 35 – paragraph 5 a (new)
5a. The amount of Deferred tax assets that derive from a countercyclical provisioning accounting system will not require deduction in accordance with this article.
Amendment 540 #
Proposal for a regulation
Article 80 – paragraph 1 – point a – introductory part
Article 80 – paragraph 1 – point a – introductory part
(a) the amount of Tier 1 capital of the subsidiary minus the lower of the following:
Amendment 556 #
Proposal for a regulation
Article 82 – paragraph 1 – point a – introductory part
Article 82 – paragraph 1 – point a – introductory part
(a) the own Funds of the subsidiary minus the lower of the following:
Amendment 647 #
Proposal for a regulation
Article 118 – paragraph 1 – introductory part
Article 118 – paragraph 1 – introductory part
1. Exposures that comply with the following criteria shall be assigned a risk weight of 75 %:
Amendment 648 #
Proposal for a regulation
Article 118 – paragraph 1 – point a
Article 118 – paragraph 1 – point a
(a) the exposure shall be either to an natural person or persons, or to a small or medium sized enterprise;
Amendment 649 #
Proposal for a regulation
Article 118 – paragraph 1 – point c
Article 118 – paragraph 1 – point c
Amendment 659 #
Proposal for a regulation
Article 118 – paragraph 1 a (new)
Article 118 – paragraph 1 a (new)
1 a. Exposures that comply with the following criteria shall be assigned a risk weight of 75 % according to Table 1: (a) the exposure shall be either to an natural person or persons, or to a small or medium sized enterprise; (b) the exposure shall be one of a significant number of exposures with similar characteristics such that the risks associated with such lending are substantially reduced; (c) the total amount owed to the institution and parent undertakings and its subsidiaries, including any exposure in default, by the obligor client or group of connected clients, but excluding claims or contingent claims secured on residential property collateral, shall not, to the knowledge of the institution, exceed EUR 5 million. The institution shall take reasonable steps to acquire this knowledge. Table 1 Total risk incurred with the company Risk weight Equal or less than EUR 1 million 50% Equal or less than EUR 3 million 60% Equal or less than EUR 5 million 75% For the purpose of the paragraph 2 (a) a small or medium sized enterprise shall be an enterprise that fulfils the criteria laid down in the Recommendation 2003/361/EC adopted by the European Commission on 6 May 2003 concerning the definition of micro, small and medium-sized enterprise.
Amendment 917 #
Proposal for a regulation
Article 400 – paragraph 1 – point 2
Article 400 – paragraph 1 – point 2
(2) ‘'Retail deposit’' means a liability to a natural person or to a small and medium sized enterprise where the aggregate liability to such clients or group of connected clients is less than 1 million EUR.as defined by the IRB approach in the capital framework
Amendment 968 #
Proposal for a regulation
Article 404 – paragraph 1 – subparagraph 1 – point d a (new)
Article 404 – paragraph 1 – subparagraph 1 – point d a (new)
(da) assets that are eligible for Central Banks' pledging, subject to the haircut applied by the Central Bank.
Amendment 1073 #
Proposal for a regulation
Article 405 – paragraph 1 – introductory part
Article 405 – paragraph 1 – introductory part
The institution shall only report as liquid assets those holdings of liquid assets that meet the following conditions:test on a regular basis the conditions that follow, providing disclosure to Supervisory Authorities with outcomes of controls performed, in order to allow Supervisory Authorities to assess if specific haircuts should be applied;
Amendment 1074 #
Proposal for a regulation
Article 405 – paragraph 1 – point a
Article 405 – paragraph 1 – point a
Amendment 1078 #
Proposal for a regulation
Article 405 – paragraph 1 – point b
Article 405 – paragraph 1 – point b
Amendment 1083 #
Proposal for a regulation
Article 405 – paragraph 1 – point c
Article 405 – paragraph 1 – point c
(c) they are legally and practically readily available at any time during the next 30 days to be liquidated via outright sale or repurchase agreements in order to meet obligations coming due. Liquid assets referred to in point (c) of Article 404 which are held in third countries where there are transfer restrictions or which are denominated in non-convertible currencies shall be considered available only to the extent that they correspond to outflows in the third country or currency in question; unless the Institution can demonstrate to the Competent Authorities that it has appropriately hedged the ensuing currency risk.
Amendment 1084 #
Proposal for a regulation
Article 405 – paragraph 1 – point d
Article 405 – paragraph 1 – point d
(d) the liquid assets are controlled by a liquidity management function; or are subject to appropriate internal arrangements that ensure that they are readily available to the treasury function in case of a crisis.
Amendment 1085 #
Proposal for a regulation
Article 405 – paragraph 1 – point e
Article 405 – paragraph 1 – point e
Amendment 1091 #
Proposal for a regulation
Article 405 – paragraph 1 – point f – introductory part
Article 405 – paragraph 1 – point f – introductory part
(f) price risks associated with the assets may be hedged but the liquid assets are subject to appropriate internal arrangements that ensure that they will not be used in other ongoing operations, including: (i) hedging or oare readily available to ther trading strategies; (ii) providing credit enhancements in structured transactions; (iii) to cover operational costeasury function in case of a crisis.
Amendment 1095 #
Proposal for a regulation
Article 405 – paragraph 1 – point g
Article 405 – paragraph 1 – point g
(g) the denomination of the liquid assets is consistent with the distribution by currency of liquidity outflows after the deduction of capped inflows.
Amendment 1103 #
Proposal for a regulation
Article 408 – paragraph 1 – point b
Article 408 – paragraph 1 – point b
(b) the percentages of the current amounts outstanding of other liabilities that come due, can be called for payout or entail an imexplicit expectation of the provider of the funding that the institution would repay the liability during the next 30 daysmonth rolling as set out in Article 410;
Amendment 1105 #
Proposal for a regulation
Article 408 – paragraph 1 – point d
Article 408 – paragraph 1 – point d
(d) the percentage of the maximum amount that can be drawn during the next 30 days from undrawn committed credit and liquidity facilities that qualify as medium or medium to low risk under Annex I, as set out in Article 412;
Amendment 1114 #
Proposal for a regulation
Article 409 – paragraph 1 – introductory part
Article 409 – paragraph 1 – introductory part
1. Institutions shall multiply the amount of retail deposits that are covered by a Deposit Guarantee Scheme according to Directive 94/19/EG or an equivalent deposit guarantee scheme in a third country by at least 5% where the deposit is either
Amendment 1116 #
Proposal for a regulation
Article 409 – paragraph 4
Article 409 – paragraph 4
4. Notwithstanding what is specified under Article 409 (1) and (2), Institutions shall multiply retail deposits that they have taken in third countries by a higher percentage than provided for in paragraphs 1 and 2 if such percentage is provided by comparable third country reporting requirements.
Amendment 1121 #
Proposal for a regulation
Article 410 – paragraph 2 – point a
Article 410 – paragraph 2 – point a
(a) 0% up to the value of the liquid assets according to Article 406;the applicable haircut as specified in Article 406 for liquid assets
Amendment 1128 #
Proposal for a regulation
Article 410 – paragraph 3
Article 410 – paragraph 3
3. Institutions shall multiply liabilities resulting from secured lending and capital market driven transactions as defined in Article 188 by 25% if the assets would not qualify as liquid assets according to Article 404 and the lender is the central bank or another public sector entity of the Member State in which the credit institution was authorised.
Amendment 1136 #
Proposal for a regulation
Article 410 – paragraph 4 – subparagraph – point b a (new)
Article 410 – paragraph 4 – subparagraph – point b a (new)
(ba) by the depositor in the context of an established operational relationship other than that mentioned under point (a);
Amendment 1139 #
Proposal for a regulation
Article 410 – paragraph 4 – subparagraph 3
Article 410 – paragraph 4 – subparagraph 3
Amendment 1150 #
Proposal for a regulation
Article 410 – paragraph 5
Article 410 – paragraph 5
5. Institutions shall multiply liabilities resulting from deposits by clients that are not financial customers by 750% to the extent they do not fall under paragraph 4.
Amendment 1154 #
Proposal for a regulation
Article 410 – paragraph 6
Article 410 – paragraph 6
6. Institutions shall take payables and receivables expected over the 30 daynext month rolling horizon from the contracts listed in Annex II into account on a net basis across counterparties and shall multiply them by 100% in case of a net amount payable. Net basis shall mean also net of collateral to be received that qualifies as liquid assets under Article 404.
Amendment 1156 #
Proposal for a regulation
Article 410 – paragraph 7 – subparagraph 1 a (new)
Article 410 – paragraph 7 – subparagraph 1 a (new)
All notes, bonds and other debt securities issued by the bank are included in this category regardless of the holder, unless the bond is exclusively in the retail market and held in retail accounts, in which case instruments can be treated in the appropriate retail deposit category.
Amendment 1161 #
Proposal for a regulation
Article 410 – paragraph 8 – subparagraph 1 – point b
Article 410 – paragraph 8 – subparagraph 1 – point b
(b) there are reasons to expect a lower outflow over the next 30 daysmonth rolling even under combined idiosyncratic and market- wide stress scenario;
Amendment 1163 #
Proposal for a regulation
Article 410 – paragraph 8 – subparagraph 1 – point d
Article 410 – paragraph 8 – subparagraph 1 – point d
Amendment 1190 #
Proposal for a regulation
Article 413 – paragraph 1
Article 413 – paragraph 1
1. Institutions shall report their capped liquidity inflows. Capped liquidity inflows shall be the liquidity inflows limited to 75% of liquidity outflows. Institutions may exempt liquidity inflows from deposits placed with other institutions and qualifying for the treatments set out in Article 108(6) or Article 108(7) from this limit.
Amendment 1200 #
Proposal for a regulation
Article 413 – paragraph 2 – introductory part
Article 413 – paragraph 2 – introductory part
2. The liquidity inflows shall be measured over the next 30 daysmonth rolling. They shall comprise only contractual inflows from exposures that are not past due and for which the bank has no reason to expect non- performance within the 30-day timenext month rolling horizon. The inflow shall be taken into account in full with the exception of the following:
Amendment 1206 #
Proposal for a regulation
Article 413 – paragraph 2 – point a
Article 413 – paragraph 2 – point a
(a) monies due from customers that are not financial customers shall be reduced by 50% of their value or by the contractual commitments to those customers to extend funding, whichever is higher. This does not apply to monies due from secured lending and capital market driven transactions as defined in Article 188 that are collateralised by liquid assets according to Article 404;
Amendment 1211 #
Proposal for a regulation
Article 413 – paragraph 2 – point b a (new)
Article 413 – paragraph 2 – point b a (new)
(b a) monies due from secured lending and capital market driven transactions as defined in Article 188 if they are collateralised by assets which do not qualify as liquid assets according to Article 404 but which meet the requirements of Article 404(3)(b), shall be reduced by [50%];
Amendment 1219 #
Proposal for a regulation
Article 413 – paragraph 2 a (new)
Article 413 – paragraph 2 a (new)
2 a. Notwithstanding paragraph 2, monies from assets which do not qualify as liquid assets according to Article 404 but which meet the requirements of Article 404(3)(b) shall be taken as inflow for [50%] of the value of such assets.
Amendment 1221 #
Proposal for a regulation
Article 413 – paragraph 3
Article 413 – paragraph 3
3. Payables and receivables expected over the 30 day horizonnext month rolling from the contracts listed in Annex II shall be reflected on a net basis across counterparties and shall be multiplied by 100% of a net amount receivable. Net basis shall mean also net of collateral to be received that qualifies as liquid assets under Article 404.
Amendment 1223 #
Proposal for a regulation
Article 413 – paragraph 4 – subparagraph 1 – introductory part
Article 413 – paragraph 4 – subparagraph 1 – introductory part
Competent authorities may grant the permission to apply, by derogation from paragraph 2 point c), a higher inflow on a case by case basis for credit, deposits and liquidity facilities when all of the following conditions are fulfilled:
Amendment 1229 #
Proposal for a regulation
Article 413 – paragraph 4 – subparagraph 1 – point c
Article 413 – paragraph 4 – subparagraph 1 – point c
Amendment 1231 #
Proposal for a regulation
Article 413 – paragraph 4 – subparagraph 1 – point c
Article 413 – paragraph 4 – subparagraph 1 – point c
Amendment 1387 #
Proposal for a regulation
Article 444
Article 444