10 Amendments of Thomas MANN related to 2016/0360A(COD)
Amendment 199 #
Proposal for a regulation
Recital 34
Recital 34
(34) A proportional treatment for market risks should also apply to institutions with limited trading book activities, allowing more institutions with small trading activities to apply the credit risk framework for banking book positions as set out under a revised version of the derogation for small trading book business. In addition, institutions with medium-sized trading book should be allowed to use a simplified standardised approach for calculating the own fund requirements for market risks in line with the approach currently in use under Regulation (EU) 575/2013. These relaxed requirements should also apply to institutions that are part of a consolidated group, provided that they meet the above requirements as stand- alone institutions.
Amendment 223 #
Proposal for a regulation
Recital 65
Recital 65
(65) The EBA should report on where proportionality of the Union supervisory reporting package could be improved in terms of scope, granularity or frequency and in addition submit concrete proposals as to how the average costs for small and simple institutions can be reduced by at least 10% by means of a concrete simplification of requirements.
Amendment 524 #
Proposal for a regulation
Article 1 – paragraph 1 – point 42
Article 1 – paragraph 1 – point 42
Regulation (EU) No 575/2013
Article 99 – paragraph 7 – point e
Article 99 – paragraph 7 – point e
(e) recommend amendments of Implementing Regulation (EU) No 680/2014 to reduce the reporting burden on institutions or specified categories of institutions where appropriate having regard to the objectives of this Regulation and Directive 2013/36/EU. The report shall, at a minimum, make recommendations on how to reduce the level of granularity of reporting requirements for small institutions as defined in Article 430a; if the competent authority disregards the obligation relating to the temporary reporting of data, gradual introduction should be possible for small and simple institutions in the event of failure to update or implement technical standards in a timely manner.
Amendment 536 #
Proposal for a regulation
Article 1 – paragraph 1 – point 46 – point b a (new)
Article 1 – paragraph 1 – point 46 – point b a (new)
Regulation (EU) No 575/2013
Article 102 – paragraph 6 a (new)
Article 102 – paragraph 6 a (new)
(ba) The following paragraph 6a is added: 6a. Institutions with small trading book business in accordance with Article 94(1) shall be exempt not only from the calculation of own funds requirements according to the rules of the trading book but also from the operational requirements of the trading book regime.
Amendment 702 #
Proposal for a regulation
Article 1 – paragraph 1 – point 100
Article 1 – paragraph 1 – point 100
Regulation (EU) No 575/2013
Article 401 – paragraph 4
Article 401 – paragraph 4
Amendment 728 #
Proposal for a regulation
Article 1 – paragraph 1 – point 108 – point b
Article 1 – paragraph 1 – point 108 – point b
Regulation (EU) No 575/2013
Article 416 – paragraph 5 – subparagraph 1
Article 416 – paragraph 5 – subparagraph 1
Shares or units in CIUs may be treated as liquid assets up to an absolute total amount of EUR 500 million in the portfolio of liquid assets of each institution provided that the requirements in Article 132(3) are met and that the CIU, apart from derivatives to mitigate interest rate or credit or currency risk, only invests in liquid assets as referred to in paragraph 1 of this Article.
Amendment 768 #
Proposal for a regulation
Article 1 – paragraph 1 – point 114
Article 1 – paragraph 1 – point 114
Regulation (EU) No 575/2013
Article 428 p – paragraph 4 – point c a (new)
Article 428 p – paragraph 4 – point c a (new)
(ca) Assets from precious-metal financing transactions with a time frame of no more than 180 days, including metals held on behalf of the client, should be excluded from the calculation of the stable refinancing rate.
Amendment 774 #
Proposal for a regulation
Article 1 – paragraph 1 – point 114
Article 1 – paragraph 1 – point 114
Regulation (EU) No 575/2013
Article 428 r – paragraph 1 – point f a (new)
Article 428 r – paragraph 1 – point f a (new)
Amendment 897 #
Proposal for a regulation
Article 1 – paragraph 1 – point 115
Article 1 – paragraph 1 – point 115
Regulation (EU) No 575/2013
Article 429 a – paragraph 2 – introductory part
Article 429 a – paragraph 2 – introductory part
2. For the purposes of point (d) of paragraph 1, public development credit institution means a credit institution or a unit of a credit institution that meets all of the following conditions:
Amendment 907 #
Proposal for a regulation
Article 1 – paragraph 1 – point 115
Article 1 – paragraph 1 – point 115
Regulation (EU) No 575/2013
Article 429 a – paragraph 2 – point e
Article 429 a – paragraph 2 – point e
(e) it is precluded from accepting covered depositsnot as defined in point (5) of Article 2(1) of Directive 2014/49/EU or in the national law of Member States implementing that Directive.irect recipient of private individuals’ savings deposits;