Activities of Diogo FEIO related to 2010/2074(INI)
Plenary speeches (1)
Basel II and revision of the Capital Requirements Directive (CRD 4) (debate)
Amendments (14)
Amendment 2 #
Motion for a resolution
Citation 5 a (new)
Citation 5 a (new)
– having regard to the Basel Committee on Banking Supervision’s consultative document on an international framework for liquidity risk measurement, standards and monitoring5,
Amendment 3 #
Motion for a resolution
Citation 9 a (new)
Citation 9 a (new)
– having regard to the communication from the Commission to the European Parliament, the Council, the European Economic and Social Committee and the European Central Bank on Bank Resolution Funds (COM(2010)254),
Amendment 38 #
Motion for a resolution
Recital J
Recital J
J. whereas banks should focus more on the core business of banking, namely lending to the real economy; whereas the Basel Committee and the Commission have to find ways to promote this core business while not losing sight of the need to extend regulatory reform to currently non-regulated entities in order to avoid regulatory arbitrage,
Amendment 130 #
Motion for a resolution
Paragraph 18 a (new)
Paragraph 18 a (new)
18a. Urges the Basel Committee and the Commission, when defining the treatment for holdings in financial sector entities, to take proper account the specifics of the European banc assurance model, that has demonstrated its resilience during the financial crisis, and calls the Basel Committee attention to the European Financial Conglomerates Regulation, that has proven to be an efficient framework to avoid double counting of capital;
Amendment 131 #
Motion for a resolution
Paragraph 18 b (new)
Paragraph 18 b (new)
18b. Asks the Basel Committee and the Commission to better define the treatment of reciprocal financial cross holding agreements to avoid the excessive penalization for the growth of European Banks in emerging markets and de- coupled economies (ex: Africa and Latin America);
Amendment 132 #
Motion for a resolution
Paragraph 18 c (new)
Paragraph 18 c (new)
18c. Calls on the Commission to take proper account of the differences in pension models across countries in order to assure a level playing field and to develop volatility and pro-cyclicality dampening mechanisms for capital requirements related to pension funds;
Amendment 133 #
Motion for a resolution
Paragraph 18 d (new)
Paragraph 18 d (new)
18d. Asks for the Commission to consider a balanced treatment between unrealized gains and losses, in order to contain volatility and pro-cyclicality;
Amendment 144 #
Motion for a resolution
Paragraph 19 a (new)
Paragraph 19 a (new)
19a. Calls the attention, however, to the fact that liquidity requires a dynamic measurement, and standards should only be used as a complement to a wider set of measures and pieces of information;
Amendment 145 #
Motion for a resolution
Paragraph 19 b (new)
Paragraph 19 b (new)
19b. Calls on the Commission to carefully consider the impact on forthcoming regulations from including the liquidity standards under Pillar 1;
Amendment 165 #
Motion for a resolution
Paragraph 21 a (new)
Paragraph 21 a (new)
21a. Urges the Commission to define the criteria for high quality liquid assets in accordance with the current definition of European Central Bank Eligible assets for monetary policy operations (repo facility). In particular, highly rated securitization and covered bonds eligible for ECB repo facility resulting from bank’s lending activity to households and SME’s, should be accepted for the liquidity buffer;
Amendment 166 #
Motion for a resolution
Paragraph 21 b (new)
Paragraph 21 b (new)
21b. Urges the Commission to include all Euro zone sovereign debt as high quality liquid assets regardless its specific rating, reducing the disproportional impact of rating agencies actions;
Amendment 167 #
Motion for a resolution
Paragraph 21 c (new)
Paragraph 21 c (new)
21c. Calls on the Commission to analyze the inherent inconsistencies of the “Net Stable Funding Ratio” (NSFR) given the underlying scenarios assumed by the ratio;
Amendment 199 #
Motion for a resolution
Paragraph 27
Paragraph 27
27. Notes the concept of a "crude" LR as a possible backstop against building excessive leverage, but has strong concerns about its added value and its eventual inclusion under Pillar 1;
Amendment 200 #
Motion for a resolution
Paragraph 28
Paragraph 28