2 Amendments of Peter SIMON related to 2018/0060(COD)
Amendment 352 #
Proposal for a regulation
Article 1 – paragraph 2
Article 1 – paragraph 2
Regulation (EU) No 575/2013
Article 47c – paragraph 3 a (new)
Article 47c – paragraph 3 a (new)
3 a. By way of derogation from paragraph 3, the following factors shall apply to the part of the non-performing exposure guaranteed or insured by an official export credit agency: (a) 0 for the secured part of the non- performing exposure to be applied during the period between one year and seven years following its classification as non- performing and (b) 1 for the secured part of the non- performing exposure to be applied as of the first day of the eighth year following its classification as non-performing. Where required to ensure appropriate coverage of risks, competent authorities may require institutions to apply an appropriate factor higher than 0, but lower or equal to the applicable factor referred to in paragraph 3.
Amendment 355 #
Proposal for a regulation
Article 1 – paragraph 2
Article 1 – paragraph 2
Regulation (EU) No 575/2013
Article 47c – paragraph 3 b (new)
Article 47c – paragraph 3 b (new)
3 b. By way of derogation from paragraph 3, the following factors shall apply to the part of the non-performing exposure arising from a development loan guaranteed or insured by a central government of a Member State: (a) 0 for the secured part of the non- performing exposure to be applied during the period between one year and seven years following its classification as non- performing and (b) 1 for the secured part of the non- performing exposure to be applied as of the first day of the eighth year following its classification as non-performing. Where required to ensure appropriate coverage of risks, competent authorities may require institutions to apply an appropriate factor higher than 0, but lower or equal to the applicable factor referred to in paragraph 3.