28 Amendments of Iliana IVANOVA related to 2011/0202(COD)
Amendment 267 #
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 268 #
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 271 #
Proposal for a regulation
Article 7 – paragraph 1 – point b
Article 7 – paragraph 1 – point b
(b) The parent institution monitors and has oversight at all times over the liquidity positions of all institutions within the group or sub-group, that are subject to the waiver; and ensure sufficient liquidity level in case of all institutions
Amendment 272 #
Proposal for a regulation
Article 7 – paragraph 1 – point c
Article 7 – paragraph 1 – point c
(c) The institutions have entered into contracts approved by the relevant competent authorities that provide for the free movement of funds between them to enable them to meet their individual and joint obligations as they come due;
Amendment 279 #
Proposal for a regulation
Article 7 – paragraph 1 – point d a (new)
Article 7 – paragraph 1 – point d a (new)
(da) There are adequate ex ante agreement regarding the responsibilities and rights in place between the supervisory authorities and the central banks of the Member States concerned.
Amendment 283 #
Proposal for a regulation
Article 7 – paragraph 2 – subparagraph 1
Article 7 – paragraph 2 – subparagraph 1
Amendment 288 #
Proposal for a regulation
Article 7 – paragraph 2 – subparagraph 2 – point a
Article 7 – paragraph 2 – subparagraph 2 – point a
(a) the adequacy of the organisation and the treatment of liquidity risk as required by Article 84 of Directive [inserted by OP]; 2012/.../EU of the European Parliament and of the Council of ... [on the access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms]; across the prospective liquidity sub-group
Amendment 291 #
Proposal for a regulation
Article 7 – paragraph 2 – subparagraph 2 – point b
Article 7 – paragraph 2 – subparagraph 2 – point b
(b) the distribution of amounts, location and ownership of the required liquid assets to be held within the sub-liquidity group;
Amendment 295 #
Proposal for a regulation
Article 7 – paragraph 2 – subparagraph 2 – point d
Article 7 – paragraph 2 – subparagraph 2 – point d
(d) the need for stricter parameters than those set out in Part Six, Title III. Competent authorities may also apply paragraph 1 and 4 also to institutions which that are members of the same institutional protection scheme referred to in 108(7)(b), provided that they meet all the conditions laid down in Article 108(7). Competent authorities shall in that case determine one of the institutions subject to the waiver to meet Article 401 on the basis of the consolidated situation of all institutions of the single liquidity sub- group.
Amendment 357 #
Proposal for a regulation
Article 24 – paragraph 1 – point a
Article 24 – paragraph 1 – point a
(a) capital instrumentordinary shares, provided the conditions laid down in Article 26 are met;
Amendment 359 #
Proposal for a regulation
Article 24 – paragraph 1 – point b
Article 24 – paragraph 1 – point b
(b) share premium accounts related to the instrumentshares referred to in point (a);
Amendment 368 #
Proposal for a regulation
Article 24 – paragraph 4
Article 24 – paragraph 4
4. EBA shall establish, maintain and publish a list of the forms of capital instrumentordinary shares in each Member State that qualify as Common Equity Tier 1 instruments. EBA shall establish and publish this list by 1 January 2013.
Amendment 570 #
Proposal for a regulation
Part 3 – Article 87
Part 3 – Article 87
Amendment 816 #
Proposal for a regulation
Article 343 – paragraph 1
Article 343 – paragraph 1
1. Institutions may provide lower own funds requirements against positions in closely correlated currencies. A pair of currencies is deemed to be closely correlated only if the likelihood of a loss calculated on the basis of daily exchange- rate data for the preceding three or five years occurring on equal and opposite positions in such currencies over the following 10 working days, which is 4 % or less of the value of the matched position in question (valued in terms of the reporting currency) has a probability of at least 99 %, when an observation period of three years is used, or 95 %, when an observation period of five years is used. The own-funds requirement on the matched position in two closely correlated currencies shall be 4 % multiplied by the value of the matched position. Where daily exchange rate data for the preceding three or five years - occurring on equal and opposite positions in a pair of currencies over the following 10 working days show that these two currencies are perfectly positively correlated and the institution always can face a zero bid/ask spread on the respective trades, the institution can, upon explicit permission by its competent authority, apply an own funds requirement of 0%.
Amendment 890 #
Proposal for a regulation
Article 391 – paragraph 2 – subparagraph 3 – indent 1 (new)
Article 391 – paragraph 2 – subparagraph 3 – indent 1 (new)
-3. In the case of the sale and repurchase of independent mortgage liens shall apply to the exposures secured by mortgages on immovable property on which independent mortgage liens are established, effective on the date when the independent mortgage lien was purchased. The requirements in Article 203 and in Article 224 (1) shall apply for the purposes of this paragraph.
Amendment 937 #
Proposal for a regulation
Article 403 – paragraph 5 – point a
Article 403 – paragraph 5 – point a
(a) the competent authorities and the national central bank of the host Member States in which there are significant branches of subsidiaries of the parent institution or institutions controlled by the same parent financial holding company;
Amendment 942 #
Proposal for a regulation
Article 404 – paragraph 1 – subparagraph 1 – introductory part
Article 404 – paragraph 1 – subparagraph 1 – introductory part
Institutions shall report the following as liquid assets unless excluded by paragraph 2 and only if the liquid assets fulfil the conditions in paragraph 3:
Amendment 966 #
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) other assets that are eligible collateral in normal times for intraday liquidity needs and overnight liquidity facilities of a central bank in a Member State or if the liquid assets are held to meet liquidity outflows in the currency of a third country, of the central bank of that third country.
Amendment 1023 #
Proposal for a regulation
Article 404 – paragraph 3 – subparagraph 1
Article 404 – paragraph 3 – subparagraph 1
Amendment 1033 #
Proposal for a regulation
Article 404 – paragraph 3 – subparagraph 1 – point b
Article 404 – paragraph 3 – subparagraph 1 – point b
Amendment 1051 #
Proposal for a regulation
Article 404 – paragraph 3 – subparagraph 2
Article 404 – paragraph 3 – subparagraph 2
The condition in point (b) shall not apply in case of liquid assets held to meet liquidity outflows in a currency in which there is an extremely narrow definition of central bank eligibility. In case of liquid assets denominated in currencies of third countries, this exception shall apply and only apply if the competent authorities of the third country apply the same exception and the third country has comparable reporting requirements in placean equivalent exception.
Amendment 1052 #
Proposal for a regulation
Article 404 – paragraph 3 – subparagraph 2 a (new)
Article 404 – paragraph 3 – subparagraph 2 a (new)
For the purpose of point (e) of paragraph 1, institutions shall only report the assets that are not issued by the institution itself.
Amendment 1057 #
Proposal for a regulation
Article 404 – paragraph 4 – subparagraph 1
Article 404 – paragraph 4 – subparagraph 1
EBA shall develop draft implementing technical standards listing the currencies which meet the conditions referred to inthe second sub-paragraph of the paragraph 3.
Amendment 1058 #
Proposal for a regulation
Article 404 – paragraph 4 – subparagraph 2
Article 404 – paragraph 4 – subparagraph 2
EBA shall submit those draft technical standards to the Commission by 1 January 20134.
Amendment 1066 #
Proposal for a regulation
Article 404 – paragraph 5
Article 404 – paragraph 5
5. Shares or units in CIUs may be treated as liquid assets up to an absolute amount of 2500 million EUR provided that the requirements in Article 127(3) are met and that the CIU, apart from derivatives to mitigate interest rate or credit risk, only invests in liquid assets as defined in paragraph 1.
Amendment 1071 #
Proposal for a regulation
Article 404 – paragraph 6
Article 404 – paragraph 6
6. Where a liquid asset ceases to be eligible for paragraph 1 or shares or units in CIUs cease to be eligible for the treatment set out in paragraph 5, an institution may nevertheless continue to consider it a liquid asset for an additional period of 30 calendar days.
Amendment 1477 #
Proposal for a regulation
Article 472 – paragraph 2
Article 472 – paragraph 2
2. In the calculation of risk weighted exposure amounts for the purposes of Article 109(4), until 31 December 20125 the same risk weight shall be assigned in relation to exposures to the central governments or central banks of Member States denominated and funded in the domestic currency of any Member State as would be applied to such exposures denominated and funded in their domestic currency.
Amendment 1505 #
Proposal for a regulation
Article 480 – paragraph 1
Article 480 – paragraph 1