5 Amendments of Saïd EL KHADRAOUI related to 2013/2021(INI)
Amendment 169 #
Motion for a resolution
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Invites the EC to transpose the recommendations of the different workstreams of the FSB on shadow banking, in particular the proposals on repo transaction and security lending.
Amendment 235 #
Motion for a resolution
Paragraph 8 a (new)
Paragraph 8 a (new)
8a. underlines that keeping both entities in one single bank holding will not entirely eliminate the risk of spillover effects, as in stress situations, reputational risk may spread within the banking group thus reducing the potential benefits of separation.
Amendment 295 #
Motion for a resolution
Paragraph 12 – introductory part
Paragraph 12 – introductory part
12. Urges the Commission to ensure that separation results in: (a) separate legal entities, with separate sources of funding for the bank's retail and investment entities; (b) limits on the extent to which the two entities are reliant on each other for funding and/or resources; in particular, there should be no legal basis for shifting capital and liquidity between from ring- deposit-taking and investment banking entities to other entities in the group. Strict firewalls are required between individual business entities. The group can still take advantage of synergies and scale economies, including a common technology platform, but without unwanted financial contamination of the banking affiliates' balance sheet. (c) the application of adequate, thorough and separate capital, leverage and liquidity rules to each entity, including separate balance sheets; (d) net and gross large exposure limits for intra-group transactions between ring- fenced and non-ring-fenced activities the commercial banking entity and the trading / investment banking entity, which are at least as strict as those for third- party exposure, including strict limits on the exposure of ring-fenced activities to the investment entity's riskier activities
Amendment 372 #
Motion for a resolution
Paragraph 15 a (new)
Paragraph 15 a (new)
15a. In order to ensure a consistent treatment across the EU, the EBA in cooperation with competent authorities, including the ECB, should play a key role in this context by developing relevant binding standards, including the calibration of the appropriate thresholds for mandatory separation to be applied by competent authorities.
Amendment 387 #
Motion for a resolution
Paragraph 16 a (new)
Paragraph 16 a (new)
1a. In order to avoid circumvention of these structural measures, strict monitoring should take into account possible movement of activities outside the perimeter of regulation and supervision or lead to the relocation of activities to jurisdictions that are less stringent.