4 Amendments of Esther DE LANGE related to 2023/0115(COD)
Amendment 124 #
Proposal for a directive
Recital 31
Recital 31
(31) The designated authorities should estimate the cost of the measure for the DGS, including after the repayment of a loan, a capital injection or the use of a guarantee, net of expected earnings, operational expenses, and potential losses, against a counterfactual based on a hypothetical final loss at the end of the insolvency proceedings, which should take into account recoveries from the DGS as part of a bank’s liquidation proceedings. To give a fair and more comprehensive picture of the actual cost of depositors’ repayment, the estimation of the loss incurred due to the reimbursement of covered deposits should include costs indirectly related to the reimbursement of depositors. Such costs should include the cost of replenishment of the DGS and the cost that the DGS might bear due to the recourse to alternative financing. To ensure consistent application of the least cost test, the EBA should develop draft regulatory technical standards on the methodology to calculate the cost of different DGS interventions. To ensure consistency of the methodology for the least cost assessment with the DGS statutory or contractual mandate as regards preventive measures, the EBA should, when developing those draft regulatory technical standards, take into account the relevance of preventive measures in the methodology for the calculation of the payout counterfactual.
Amendment 137 #
Proposal for a directive
Recital 47 a (new)
Recital 47 a (new)
(47a) Together with the CMDI reform, pooling funds into a shared scheme through the introduction of an EDIS would offer a higher level of financial protection and confidence to EU’s households and businesses, increase trust and strengthen financial stability as necessary conditions for growth, prosperity and resilience in the Economic and Monetary Union and in the EU more generally. The first step of EDIS could be liquidity support only, while subsequent steps would remain on the horizon. Complementing the CMDI reform with liquidity support from EDIS would strengthen the ability of the deposit insurance system in the Banking Union and deliver synergies and efficiency gains for the industry.
Amendment 287 #
Proposal for a directive
Article 1 – paragraph 1 – point 13
Article 1 – paragraph 1 – point 13
Directive 2014/49/EU
Article 11e – paragraph 1 – point a
Article 11e – paragraph 1 – point a
(a) the estimated direct cost for the DGS to finance the measures referred to in Article 11 (2), (3) or (5);
Amendment 288 #
Proposal for a directive
Article 1 – paragraph 1 – point 13
Article 1 – paragraph 1 – point 13
Directive 2014/49/EU
Article 11e – paragraph 1 – point b
Article 11e – paragraph 1 – point b
(b) the estimated direct cost of repaying depositors in accordance with Article 8(1).