3 Amendments of Costas MAVRIDES related to 2018/0060(COD)
Amendment 111 #
Proposal for a regulation
Article 1 – paragraph 1
Article 1 – paragraph 1
Regulation (EU) No 575/2013
Article 36 – paragraph 1 – point m (new)
Article 36 – paragraph 1 – point m (new)
(m) otherwise than exposures purchased by a specialised debt restructurer which were non-performing at the time of purchase, the applicable amount of insufficient coverage for non- performing exposures.;
Amendment 156 #
Proposal for a regulation
Article 1 – paragraph 2
Article 1 – paragraph 2
Regulation (EU) No 575/2013
Article 47a – paragraph 7 a (new)
Article 47a – paragraph 7 a (new)
7 a. For the purpose of Article 36(m) ‘specialised debt restructurer’ means an institution (on a consolidated basis if applicable) that comply with the following conditions during the preceding financial year: (i) the management body of the institution has implemented a clear and effective internal decision process for the purchase of exposures from other institutions; (ii) the book value of its own originated loans does not exceed 10 % of the aggregate book value of its loans (including purchased performing and non-performing exposures); and (iii) the total assets does not exceed EUR 30,000,000,000.
Amendment 160 #
Proposal for a regulation
Article 1 – paragraph 2
Article 1 – paragraph 2
Regulation (EU) No 575/2013
Article 47a – paragraph 7 b (new)
Article 47a – paragraph 7 b (new)
7 b. EBA shall develop draft regulatory technical standards to specify the conditions under which an institution may be a specialised debt restructurer and to specify the conditions set out in Article 47a(7a).