2 Amendments of Esther DE LANGE related to 2018/0060(COD)
Amendment 81 #
Proposal for a regulation
Recital 7
Recital 7
(7) The longer an exposure has been non-performing, the lower the probability for the recovery of its value. Therefore, the portion of the exposure that should be covered by provisions, other adjustments or deductions should increase with time, following a pre-defined calendar. NPEs purchased by an institution should thus be subject to a calendar that starts to run from the date on which the NPE has originally been classified as non- performing, and not from the date of its purchase. For this purpose, the seller should provide the buyer with information as regards the date of the classification of the exposure as non-performing. The exposure value of a debt instrument that was purchased at a price lower than the amount owed by the debtor should not include the difference between the purchase price and the amount owed by the debtor.
Amendment 129 #
Proposal for a regulation
Article 1 – paragraph 2
Article 1 – paragraph 2
Regulation (EU) No 575/2013
Article 47a – paragraph 2 – subparagraph 1 a (new)
Article 47a – paragraph 2 – subparagraph 1 a (new)
The exposure value of a debt instrument that was purchased at a price lower than the amount owed by the debtor shall not include the difference between the purchase price and the amount owed by the debtor.