[ParlTrack]

Pedro MARQUES, Jonás FERNÁNDEZ, Aurore LALUCQ, René REPASI

Proposal for a regulation
Article 1 – paragraph 1 – point 1 – point - a(new)

Regulation (EU) No 806/2014
Article 3 – paragraph 1 – point 24

~~‘(24) cross-border group’ means a group that has~~(- a) point (24) is replaced by the following: "(24) ‘cross-border group’ means a group whose parent undertaking and at least one of its subsidiaries are entities as referred to in Article 2 established in more than one participating Member State; " Or. en (Regulation (EU) No 806/2014)

2023/11/06
Committee: ECON

Pedro MARQUES, Aurore LALUCQ, René REPASI, Jonás FERNÁNDEZ

Proposal for a regulation
Article 1 – paragraph 1 – point 14 – point a a (new)

Regulation (EU) No 806/2014
Article 12k – paragraph 1 – subparagraph 3 a (new)

(aa) in paragraph 1, the following subparagraph is added: After 1 January 2024 or the transitional period ending after 1 January 2024 set by the Board pursuant to the third subparagraph, the Board, where duly justified and appropriate on the basis of the criteria referred to in paragraph 7, and taking into consideration the elements referred to in the third subparagraph, may determine an appropriate transitional period within which to comply with the requirements in Articles 12f or 12g or the requirements that result from the application of Article 12c(4), (5) or (7).

2023/11/06
Committee: ECON

Pedro MARQUES, Aurore LALUCQ, Jonás FERNÁNDEZ, René REPASI

Proposal for a regulation
Article 1 – paragraph 1 – point 19 – point c

Regulation (EU) No 806/2014
Article 18 – paragraph 5 – subparagraph 2 a (new)

For the purposes of the second subparagraph, participating Member States, deposit guarantee schemes and, where necessary, the designated authority within the meaning of Article 2(1), point (18), of Directive 2014/49/EU shall keep the Board informed of any preparatory measures for the granting of the measures referred to in Article 18a(1), points (c) and (d), of this Regulation, including any pre-notification contacts with the Commission.

2023/11/06
Committee: ECON

Pedro MARQUES, Aurore LALUCQ, René REPASI, Jonás FERNÁNDEZ

Proposal for a regulation
Article 1 – paragraph 1 – point 41 a (new)

Regulation (EU) No 806/2014
Article 79 a (new)

(41a) the following article is inserted: 'Article 79a Safeguarding the financial capacity of deposit guarantee schemes 1. Where the intervention of a deposit guarantee scheme is necessary in the context of a resolution but its available financial means are insufficient to achieve the purposes of its intervention, the deposit guarantee scheme may request support from the Board. 2. The request shall include all relevant information, including: (a) the shortfall of the deposit guarantee scheme for the purposes of the specific intervention in the resolution; (b) the conditions offered to the deposit guarantee scheme in other alternative funding arrangements; (c) the expected length of the requested support. 3. Upon receiving the request referred to in paragraph 1, the Board may decide to establish temporary liquidity support to the requesting deposit guarantee scheme, through the provision of a guarantee by the Single Resolution Fund. 4. The Board in its executive session, after consulting with the Board in its plenary session, shall provide the guarantee to the deposit guarantee scheme and the terms applicable to its provision. 5. The guarantee shall be used by the deposit guarantee scheme as collateral for alternative funding arrangements as referred to in Article 10(9) of Directive 2014/49/EU, thus ensuring access to markets in more favourable conditions. 6. The EBA shall develop a common template for the purposes of paragraph 2, and a methodology to establish how the Board defines the terms applicable to the provision of guarantees, pursuant to paragraph 4.'

2023/11/06
Committee: ECON

Pedro MARQUES, Costas MAVRIDES, Irene TINAGLI, Jonás FERNÁNDEZ, Aurore LALUCQ, René REPASI

Proposal for a regulation
Article 1 – paragraph 1 – point 43 a (new)

Regulation (EU) No 806/2014
Article 94 – paragraph 1 – point a a (new)

(43a) in Article 94(1), the following point is added: (aa) the interplay between the existing framework and the establishment of the European Deposit Insurance Scheme;

2023/11/06
Committee: ECON

5 Amendments of René REPASI related to 2023/0111(COD)

ParlTrack - 2011-2024