3 Amendments of Alfred SANT related to 2018/0042(COD)
Amendment 20 #
Proposal for a regulation
Article 1 – paragraph 1 – point 1 – point a – point i – indent 2
Article 1 – paragraph 1 – point 1 – point a – point i – indent 2
Regulation (EU) No 575/2013
Article 129 – paragraph 1 – point c
Article 129 – paragraph 1 – point c
(c) exposures to credit institutions that qualify for the credit quality step 1 or credit quality step 2 as set out in this Chapter.;, credit quality step 2 or exposures in the form of derivative contracts in accordance with Article 11 of Directive (EU) 20xx/xxxx [OP: Please insert reference to Directive (EU) on the issue of covered bonds and covered bond public supervision and amending Directive 2009/65/EC and Directive 2014/59/EU] to credit institutions that qualify for the credit quality step 3 if permitted by the competent authorities, as set out in this Chapter. Short-term exposures to credit institutions that qualify credit quality step 3 shall be allowed if their residual maturity does not exceed three months.
Amendment 24 #
Proposal for a regulation
Article 1 – paragraph 1 – point 1 – point b
Article 1 – paragraph 1 – point 1 – point b
Regulation (EU) No 575/2013
Article 129 – paragraph 1a – point ba (new)
Article 129 – paragraph 1a – point ba (new)
(b a) for exposures in the form of derivative contracts to credit institutions that qualify for the credit quality step 3 and short-term exposures as referred to in point (c) of paragraph 1, the exposures shall not exceed 10 % of the total exposure of the nominal amount of outstanding covered bonds of the issuing credit institution; The competent authorities designated under Article 18 of Directive (EU) 20xx/xxxx [OP: Please insert reference to Directive (EU) on the issue of covered bonds and covered bond public supervision and amending Directive 2009/65/EC and Directive 2014/59/EU] may allow exposures in the form of derivative contracts to credit institutions that qualify for the credit quality step 3.
Amendment 28 #
Proposal for a regulation
Article 1 – paragraph 1 – point 1 – point b
Article 1 – paragraph 1 – point 1 – point b
Regulation (EU) No 575/2013
Article 129 – paragraph 1a – point c
Article 129 – paragraph 1a – point c
(c) the total exposures to credit institutions that qualify for the credit quality step 1 or the, credit quality step 2 or credit quality step 23 shall not exceed 15 % of the total exposure of the nominal amount of outstanding covered bonds of the issuing credit institution.