1 Amendments of Irene TINAGLI related to 2021/0341(COD)
Amendment 506 #
Proposal for a directive
Article 1 – paragraph 1 – point 22 a (new)
Article 1 – paragraph 1 – point 22 a (new)
Directive 2013/36/EU
Article 97 – paragraph 4 – subparagraph 2
Article 97 – paragraph 4 – subparagraph 2
(22a) in Article 97(4),subparagraph 2 is replaced by the following: 'When conducting the review and evaluation referred to in paragraph 1 of this Article, competent authorities shall apply the principle of proportionality in accordance with the criteria disclosed pursuant to point (c) of Article 143(1). In particular, competent authorities shall take into account the following elements: (a) whether the entity is not a G-SII; (b) whether the entity and its subsidiaries are linked according to Article 22, paragraph 7, of Directive 2013/34/EU and applicable national laws; (c) whether the subsidiaries are small and non-complex entities according to point 145 of this article or less significant institutions according to Article 6, paragraph 4, of Regulation (EU) 1024/2013.'