3 Amendments of Johan VAN OVERTVELDT related to 2020/0066(COD)
Amendment 89 #
Proposal for a regulation
Article 1 – paragraph 1 – point 3
Article 1 – paragraph 1 – point 3
Regulation (EU) No 575/2013
Article 500a – paragraph 1
Article 500a – paragraph 1
By way of derogation from Article 47c(3), until [date of entry into force of this amending Regulation + 7 years] the factors set out in Article 47c(4) shall also apply to the part of the non-performing exposure guaranteed or counter-guaranteed by an eligible provider referred to in points (a) to (e) of Article 201(1), where, subject to compliance with Union State aid rules, where applicable, the guarantee or counter- guarantee is provided as part of support measures to assist borrowers amid the COVID-19 pandemic. The following additional conditions apply to this derogation: (a) eligible public providers referred to in point b of art 201(1) are treated as exposures to the central government in whose jurisdiction they are established under Article 115(2) that would be assigned a 0%- risk weight under Part Three, Title II, Chapter 2; (b) eligible public providers referred to in point e of art 201(1) are treated as exposures to the central government in whose jurisdiction they are established under Article 116(4) that would be assigned a 0%- risk weight under Part Three, Title II, Chapter 2; (c) eligible guarantors referred to in points c and d of art 201(1) would be assigned a 0%- risk weight under Part Three, Title II, Chapter 2.
Amendment 93 #
Proposal for a regulation
Article 1 – paragraph 1 – point 3
Article 1 – paragraph 1 – point 3
1a. By way of derogation from Article 114(2), for exposures to the central governments and central banks of Member States denominated and funded in the domestic currency of another Member State: (a) until 31 December 2022, the risk weight applied to the exposure values shall be 0 % of the risk weight assigned to those exposures in accordance with Article 114(2); (b) during the period from 1 January 2023 to 31 December 2023, the risk weight applied to the exposure values shall be 20 % of the risk weight assigned to those exposures in accordance with Article 114(2); (c) during the period from 1 January 2024 to 31 December 2024, the risk weight applied to the exposure values shall be 50 % of the risk weight assigned to those exposures in accordance with Article 114(2); (d) during the period beginning 1 January 2025 and thereafter, the risk weight applied to the exposure values shall be 100 % of the risk weight assigned to those exposures in accordance with Article 114(2).
Amendment 98 #
Proposal for a regulation
Article 1 – paragraph 1 – point 3
Article 1 – paragraph 1 – point 3
Regulation (EU) No 575/2013
Article 500a – paragraph 1b (new)
Article 500a – paragraph 1b (new)
1b. By way of derogation from Articles 395(1) and 493(4), competent authorities may allow institutions to incur exposures referred to in paragraph 1 of this Article, up to the following limits: (a) 100 % of the institution’s Tier 1 capital until 31 December 2023; (b) 75 % of the institution’s Tier 1 capital until 31 December 2024; (c) 50 % of the institution’s Tier 1 capital until 31 December 2025. The limits referred to in points (a), (b) and (c) of the first subparagraph of this paragraph shall apply to exposure values after taking into account the effect of the credit risk mitigation in accordance with Articles 399 to 403.