BETA

13 Amendments of Caroline NAGTEGAAL related to 2016/0362(COD)

Amendment 117 #
Proposal for a directive
Article 1 – paragraph 15
Directive 2014/59/EU
Article 17 – paragraph 5 – point j1
(j1) require an institution or entity referred to in point(b), (c) or (d) of Article 1(1), to changegive guidance on the maturity profile of items referred to in Article 45b or points (a) and (b) of Article 45g(3) to ensure continuous compliance with Article 45f or Article 45g.
2018/01/29
Committee: ECON
Amendment 264 #
Proposal for a directive
Article 1 – paragraph 23
Directive 2014/59/EU
Article 45c – paragraph 3 – subparagraph 1 – introductory part
Without prejudice to the last subparagraph, fFor resolution entities, the amount referred to in paragraph 2 shall not exceed the greater of the following:
2018/01/31
Committee: ECON
Amendment 281 #
Proposal for a directive
Article 1 – paragraph 23
(ii) a recapitalisation amount that allows the resolution group resulting from resolution to restore its total capital ratio referred in Article 92(1)(c) of Regulation (EU) No 575/2013 and its requirement referred to in Article 104a of Directive 2013/36/EU at resolution group sub- consolidated level;
2018/01/31
Committee: ECON
Amendment 300 #
Proposal for a directive
Article 1 – paragraph 23
Directive 2014/59/EU
Article 45c – paragraph 3 – subparapgraph 4
The resolution authority shall set the recapitalisation amounts referred to in the previous subparagraphs in accordance with the resolution actions foreseen in the resolution plan in particular reflecting the decrease of the total risk exposure amount and of the leverage ratio exposure measure resulting from the resolution actions and may adjust those recapitalisation amounts to adequately reflect risks that affect resolvability arising from the resolution group’s business model, funding profile and overall risk profile.
2018/01/31
Committee: ECON
Amendment 313 #
Proposal for a directive
Article 1 – paragraph 23
Directive 2014/59/EU
Article 45c – paragraph 4 – subparagraph 1 – introductory part
4. Without prejudice to the last subparagraph, fFor entities that are not themselves resolution entities, the amount referred to in paragraph 2 shall not exceed the greater of any of the following:
2018/01/31
Committee: ECON
Amendment 322 #
Proposal for a directive
Article 1 – paragraph 23
Directive 2014/59/EU
Article 45c – paragraph 4 – subparagraph 1 – point a – point ii
(ii) a recapitalisation amount that allows the entity to restore its total capital ratio referred in Article 92(1)(c) of Regulation (EU) No 575/2013 and its requirement referred to in Article 104a of Directive 2013/36/EU;
2018/01/31
Committee: ECON
Amendment 338 #
Proposal for a directive
Article 1 – paragraph 23
Directive 2014/59/EU
Article 45c – paragraph 4 – subparagraph 4
The resolution authority shall set the recapitalisation amounts referred to the previous subparagraphs in accordance with the resolution actions foreseen in the resolution plan in particular reflecting the decrease of the total risk exposure amount and of the leverage ratio exposure measure resulting from the resolution actions and may adjust those recapitalisation amounts to adequately reflect risks that affect the recapitalisation needs arising from the entity's business model, funding profile and overall risk profile.
2018/01/31
Committee: ECON
Amendment 392 #
Proposal for a directive
Article 1 – paragraph 23
Directive 2014/59/EU
Article 45e – paragraph 1 – subparagraph 1 – introductory part
The resolution authority may give guidance to an entity to haveAn institution shall, after consultation of the resolution authority, set a satisfactory level of guidance for its own funds and eligible liabilities that fulfil the conditions of Article 45b or 45g(3) in excess of the levels set out in Article 45c and Article 45d that provides for additional amounts for the following purposesin order:
2018/01/31
Committee: ECON
Amendment 398 #
Proposal for a directive
Article 1 – paragraph 23
The amount of the guidance given in accordance with point (a) of paragraph 1 may be set only where the competent authority has already set its own guidanceguidance is established in accordance with Article 104b of Directive 2013/36/EU and shall not exceed the level of that guidance.
2018/01/31
Committee: ECON
Amendment 400 #
Proposal for a directive
Article 1 – paragraph 23
Directive 2014/59/EU
Article 45e – paragraph 2 – subparagraph 2
The amount of the guidance given in accordance with point (b) of paragraph 1 shall not exceed the amount of the combined buffer requirement referred to in point (6) of Article 128 of Directive 2013/36/EU, except for the requirement referred to in point (a) and (d) of that provision, unless a higher level is necessary to ensure that, following the event of resolution, the entity continues to meet the conditions for its authorisation for an appropriate period of time that is not longer than one year.
2018/01/31
Committee: ECON
Amendment 404 #
Proposal for a directive
Article 1 – paragraph 23
Directive 2014/59/EU
Article 45e – paragraph 2 – subparagraph 3
The resolution authority shall provide to the entity the reasons and a full assessment for the need and the level of the guidance given in accordance with this Article.deleted
2018/01/31
Committee: ECON
Amendment 579 #
Proposal for a directive
Article 2 – paragraph -1 (new)
Directive 98/26/EC
Article 2 – point a a (new)
In Article 2, the following point (aa) is added: “(aa) "Protected third country system" shall mean a system governed by the law of a third country and subject to Article 8 of this Directive.”
2018/02/01
Committee: ECON
Amendment 582 #
Proposal for a directive
Article 2 – paragraph 2 a (new)
Directive 98/26/EC
Article 10 – paragraph 2 a (new)
In article 10, the following paragraph (2a) is added: Without prejudice to paragraphs 1 and 2 of this Article, central counterparties recognised by ESMA under the Regulation (EU) No 648/2012* and third- country central securities depositories recognised by ESMA under the Regulation (EU) No 909/2014** shall be protected third country systems and listed in the ESMA list of systems protected under this Directive. Where a cooperative oversight arrangement has been established, the relevant Union central bank of issue of a currency processed in a third country payment system may notify a payment system to ESMA as a protected third country system. ESMA shall list such a system as a system protected under this Directive. _______________ * Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories (OJ L 201, 27.7.2012, p. 1). ** Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 2014 on improving securities settlement in the European Union and on central securities depositories and amending Directives 98/26/EC and 2014/65/EU and Regulation (EU) No 236/2012 (OJ L 257, 28.8.2014, p. 1).
2018/02/01
Committee: ECON