4 Amendments of José Manuel GARCÍA-MARGALLO Y MARFIL related to 2010/0207(COD)
Amendment 121 #
Proposal for a directive
Recital 21
Recital 21
(21) It is indispensable that the available financial means of Deposit Guarantee Schemes amount to a certain target level and that extraordinary contributions may be collected. Where necessary, Deposit Guarantee Schemes should have adequate alternative funding arrangements in place to enable them to obtain short term funding to meet claims made against them.
Amendment 231 #
Proposal for a directive
Article 9 – paragraph 3
Article 9 – paragraph 3
3. If tThe available financial means of a Deposit Guarantee Scheme are insufficient to repay depositors when deposits become unavailable,shall at least reach the target level. Where the financing capacity falls short of the target level, the payment of contributions shall resume at least until the target level its members shall pay extraordinreached again. The regulary contributions not exceeding shall not be less than 0.51% of their eligible deposits per calendar year. That payment shall be executed one day before the time limit referred to in Article 7(1) deposits covered, unless existing funds justify a lower annual contribution that allows the target level for 2025 to be reached. Where, after the target level has been reached on the first occasion, the available financial means amount to less than two thirds of the target level because of the use of funds, the regular contribution shall not be less than 0.25% of deposits covered.
Amendment 240 #
Proposal for a directive
Article 9 – paragraph 5 – subparagraph 1
Article 9 – paragraph 5 – subparagraph 1
The financial means referred to in paragraphs 1, 2 and 3 of this Article shall principally be used in order to repay depositors pursuant to this Directive. Up to two thirds of the available financial means may be used for preventive and support measures as referred to in this Directive. In that case, the Deposit Guarantee Scheme shall submit to the competent authority within one month a report showing that the limit of two thirds of the available financial means has been respected.
Amendment 262 #
Proposal for a directive
Article 10 – paragraph 1 – subparagraph 1 – introductory part
Article 10 – paragraph 1 – subparagraph 1 – introductory part