4 Amendments of Hans-Peter MARTIN related to 2013/0253(COD)
Amendment 14 #
Proposal for a regulation
Article 7 – paragraph 4
Article 7 – paragraph 4
4. The resolution plan shall provide for the resolution actions which the Commission and the Board may take where an entity referred to in Article 2 or a group meet the conditions for resolution. The resolution plan shall take into consideration a range of scenarios including that the event of failure may be idiosyncratic or may occur at a time of broader financial instability or of system wide events. The resolution plan shall not assume any extraordinary public financial support besides the use of the Fund established in accordance with this Regulation.
Amendment 17 #
Proposal for a regulation
Article 8 – paragraph 1
Article 8 – paragraph 1
1. When drafting resolution plans in accordance with Article 7, the Board, after consultation with the competent authority, including the ECB, and the resolution authorities of non-participating Member States in which significant branches are located insofar as is relevant to the significant branch, shall conduct an assessment of the extent to which institutions and groups are resolvable without the assumption of extraordinary public financial support besides the use of the Fund established in accordance with Article 64.
Amendment 18 #
Proposal for a regulation
Article 8 – paragraph 7
Article 8 – paragraph 7
7. Within fourtwo months from the date of receipt of the report, the entity or the parent undertaking may submit observations and propose to the Board alternative measures to remedy the impediments identified in the report. The Board shall communicate any measure proposed by the entity or parent undertaking to the competent authorities and to the resolution authorities of non-participating Member States in which significant branches are located.
Amendment 19 #
Proposal for a regulation
Article 10 – paragraph 2
Article 10 – paragraph 2
2. The minimum requirement shall be calculated as the amount of own funds and eligible liabilities expressed as a percentage of the total liabilities and own funds, excluding liabilities arising from derivatives, of the institutions and parent undertakings referred to in Article 2.