11 Amendments of Pablo ZALBA BIDEGAIN related to 2014/0020(COD)
Amendment 251 #
Proposal for a regulation
Article 3 – paragraph 1 – point b – introductory part
Article 3 – paragraph 1 – point b – introductory part
(b) any of the following entities that for a period of three consecutive years has total assets amounting at least to EUR 30 billion and has trading activitirelated risk exposures amounting at least to EUR 70 billion or 150 per cent of its total assetseligible liabilities for bail-in requirements as defined in Article 45 of Directive 2014/59/EU (BRRD):
Amendment 256 #
Proposal for a regulation
Article 3 – paragraph 1 – point b – point i
Article 3 – paragraph 1 – point b – point i
(i) any credit institution established in the Union which is neither a parent undertaking nor a subsidiary, including all its branches irrespective of where they are located. As a matter of derogation, Chapter III shall only apply to any of the preceding entities specified in point (b) (i), (ii) and (iii);
Amendment 281 #
Proposal for a regulation
Article 5 – paragraph 1 – point 4
Article 5 – paragraph 1 – point 4
4. ‘proprietary trading’ means using own capital or borrowed money to take positions, in reaction to and with the motivation of exploiting actual or expected movements in market valuations, in any type of transaction to purchase, sell or otherwise acquire or dispose of any financial instrument or commodities for the sole purpose of making a profit for own account, and without any connection to actual or anticipated client activity or for the purpose of hedging the entity’s risk as result of actual or anticipated client activity, through the use of desks, units, divisions or individual traders specifically dedicated to such position taking and profit making, including through dedicated web- based proprietary trading platforms. This definition includes any such transaction undertaken with the aim of making profit, irrespective of whether such profit would be realised in short term or in the longer term, or is in fact realised;
Amendment 421 #
Proposal for a regulation
Article 9 – paragraph 1 – point c
Article 9 – paragraph 1 – point c
(c) EU branches of credit institutions established in third countries, unless they are subject to a legal framework deemed equivalent in accordance with Article 27(1) and with reciprocity with the EU legislation.
Amendment 696 #
Proposal for a regulation
Article 21
Article 21
Amendment 754 #
Proposal for a regulation
Article 23 – paragraph 1 – subparagraph 1
Article 23 – paragraph 1 – subparagraph 1
For the purposes of Article 3, trading activitirelated risk exposures shall be calculated as follows in accordance with the applicable accountingregulatory regime.
Amendment 756 #
Proposal for a regulation
Article 23 – paragraph 1 – subparagraph 2 – introductory part
Article 23 – paragraph 1 – subparagraph 2 – introductory part
Trading Activities = (TSA + TSLRelated Risk Exposures = RM + RDA + DL)/2RDVA, where:
Amendment 759 #
Proposal for a regulation
Article 23 – paragraph 1 – subparagraph 2 – point a
Article 23 – paragraph 1 – subparagraph 2 – point a
(a) Trading Securities Assets (TSA) are assets that are part of a portfolio managed as a whole and for which there is evidence ofRisk Exposure Amount for Market Risk (RM) is the total risk exposure amount calculated in accordance with Article 92(3)(b) and (c) of Regulation (EU) No 575/2013, where the own funds requirements a recent actual pattern of short-term profit taking, excluding derivative assets multiplied by a factor of 12.5 in order to achieve a risk exposure amount;
Amendment 762 #
Proposal for a regulation
Article 23 – paragraph 1 – subparagraph 2 – point b
Article 23 – paragraph 1 – subparagraph 2 – point b
(b) Trading Securities LiabiliRisk Exposure Amount for Counterparty Risk in Derivatives (TSL) are liabilities taken with the intent of repurchasing in the near term, part of a portfolio managed as a whole, and for which there is evidence of a recent actual pattern of short-term profit-taking, excluding derivative liabilitiesRD) is the sum of the total risk exposure amount for counterparty risk for derivatives in the banking book, calculated in accordance with Part Three Title II of Regulation (EU) No 575/2013, and the total risk exposure amount for counterparty risk in the trading book, calculated in accordance with Article 92(3)(f) of Regulation (EU) No 575/2013;
Amendment 763 #
Proposal for a regulation
Article 23 – paragraph 1 – subparagraph 2 – point c
Article 23 – paragraph 1 – subparagraph 2 – point c
(c) Derivative Assets (DA) are derivatives with positive replacement values not identified as hedgRisk Exposure Amount for Credit Valuation Adjustments (RCVA) is the total risk exposure amount for credit value adjustments for derivatives, caluculated in accordance with Article 92(3)(d) of Regulation (EU) No 575/2013, where the own funds requierements are multiplied by a factor of 12.5 ing or embedded derivativesder to achieve a risk exposure amount;
Amendment 764 #
Proposal for a regulation
Article 23 – paragraph 1 – subparagraph 2 – point d
Article 23 – paragraph 1 – subparagraph 2 – point d