Activities of Peter SIMON related to 2016/0360B(COD)
Plenary speeches (2)
Transitional arrangements for mitigating the impact of the introduction of IFRS 9 (debate) DE
Transitional arrangements for mitigating the impact of the introduction of IFRS 9 (debate) DE
Reports (1)
REPORT on the proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) No 575/2013 as regards the leverage ratio, the net stable funding ratio, requirements for own funds and eligible liabilities, counterparty credit risk, market risk, exposures to central counterparties, exposures to collective investment undertakings, large exposures, reporting and disclosure requirements and amending Regulation (EU) No 648/2012 PDF (647 KB) DOC (76 KB)
Amendments (5)
Amendment 162 #
Proposal for a regulation
Article 1 – paragraph 1 – point 120 – point b
Article 1 – paragraph 1 – point 120 – point b
Regulation (EU) No 575/2013
Article 493 – paragraph 4 – subparagraph 1
Article 493 – paragraph 4 – subparagraph 1
4. By way of derogation from Article 395(1), competent authorities may allow institutions to incur one of theall exposures provided for in points (a) (c) (d) (e) of Article 400(1) denominated and funded aragraph 5 meeting the currency of any Member States up to the following values, after taking into account the effect of the credit risk mitigation in accordance with Articles 399 to 403onditions set out in paragraph 6, up to the following maximum limits:
Amendment 170 #
Proposal for a regulation
Article 1 – paragraph 1 – point 120 – point b (new)
Article 1 – paragraph 1 – point 120 – point b (new)
Regulation (EU) No 575/2013
Article 493 – paragraph 4 – subparagraph 1 a (new)
Article 493 – paragraph 4 – subparagraph 1 a (new)
(ca) The maximum limits specified in points (a), (b), and (c) of the first subparagraph shall apply to exposure values after taking into account the effect of credit risk mitigation in accordance with Articles 399 to 403.
Amendment 171 #
Proposal for a regulation
Article 1 – paragraph 1 – point 120 – point b
Article 1 – paragraph 1 – point 120 – point b
Regulation (EU) No 575/2013
Article 493 – paragraph 5
Article 493 – paragraph 5
5. Exposures referred to in points (a) (c) (d) (e) of Article 400(1) denominated and funded in the currency of any Member State and incurred by institutions before 22 November 2016 shall be exempted from the application ofThe treatment set out in paragraph 4shallapply to the following exposures: (a) asset items constituting claims on central governments, central banks, or public sector entities of Member States; (b) asset items constituting claims expressly guaranteed by central governments, central banks, or public sector entities of Member States; (c) other exposures to, or secured by, central governments, central banks, or public sector entities of Member States; (d) asset items constituting claims on regional governments or local authorities of Member States treated as exposures to the central government in accordance with Article 115(2); (e) other exposures to, or secured by, regional governments or local authorities of Member States treated as exposures to the central government in accordance with Article 115(2). For the purposes of points (a), (b), and (c) of the first subparagraph, the treatment set out in paragraph 4 shall apply only to asset items and other exposures to, or secured by, public sector entities which are treated as exposures to the central government, a regional government, or a local authority in accordance with Article 116(4). Where asset items and other exposures to, or secured by, public sector entities are treated as exposures to a regional government or local authority in accordance with Article 116(4), treatment under paragraph 4 may be applied only if the exposures to that regional government or local authority are treated as exposures to the central government in accordance with Article 395. 115(2).
Amendment 172 #
Proposal for a regulation
Article 1 – paragraph 1 – point 120 – point b (new)
Article 1 – paragraph 1 – point 120 – point b (new)
Regulation (EU) No 575/2013
Article 493 – paragraph 5 a (new)
Article 493 – paragraph 5 a (new)
5a. Treatment under paragraph 4 may be applied only if an exposure as referred to in paragraph 5 meets all of the following conditions: (a) the exposure has been assigned a risk weight of 0% in accordance with Article 495(2) as it stood before 1 January 2018; (b) the exposure was incurred on or after [date of adoption to be added when the text is published].
Amendment 173 #
Proposal for a regulation
Article 1 – paragraph 1 – point 120 – point b (new)
Article 1 – paragraph 1 – point 120 – point b (new)
Regulation (EU) No 575/2013
Article 493 – paragraph 5 b (new)
Article 493 – paragraph 5 b (new)
5b. An exposure as referred to in paragraph 5 incurred before [date of adoption to be added when the text is published] to which a risk weight of 0% was assigned on 31 December 2017 in accordance with Article 495(2) shall be exempted from the application of Article 395(1).”