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EU Parl Watch

Changes between two versions

What changed between the plenary report and the adopted text

From · plenary report· 8 Nov 2023

A-9-2023-0344

on the proposal for a directive of the European Parliament and of the Council amending Directive 2014/59/EU and Regulation (EU) No 806/2014 as regards certain aspects of the minimum requirement for own funds and eligible liabilities

To · adopted text· 27 Feb 2024

TA-9-2024-0088

Certain aspects of the minimum requirement for own funds and eligible liabilities

These two texts have too little in common to compare paragraph by paragraph: they are different documents rather than versions of one (for example one group’s motion and the joint text that was adopted).

+8 added · −119 removed · 1 changed paragraphs, packaging included.

Part 3 of 3: Paragraphs 121–140

Removed:(a) liabilities issued to and bought by the resolution entity, either directly, or indirectly through other entities in the same resolution group that are not included in the consolidation of the entity complying with the requirement referred to in Article 12a(1) on a consolidated basis;

Removed:(b) liabilities issued to an existing shareholder that is not part of the same resolution group.

Removed:The liabilities referred to in the first subparagraph, points (a) and (b), shall not exceed the amount determined by subtracting from the amount of the requirement referred to in Article 12(1) applicable to the subsidiary included in the consolidation the sum of all of the following:

Removed:(a) the liabilities issued to and bought by the entity complying with the requirement referred to in Article 12a(1) on a consolidated basis either directly, or indirectly through other entities in the same resolution group that are included in consolidation the consolidation of that entity;

Removed:(b) the amount of own funds that are issued in accordance with paragraph 2, point (b), of this Article.’.

Removed:Transposition

Removed:Member States shall adopt and publish, by … [OP please insert the date = 6 months after the date of entry into force of this amending Directive] at the latest, the laws, regulations and administrative provisions necessary to comply with Article 1. They shall forthwith communicate to the Commission the text of those provisions.

Removed:Member States shall apply those provisions from … [OP please insert the date = 1 day after the transposition date of this amending Directive].

Removed:When Member States adopt those provisions, they shall contain a reference to this Directive or be accompanied by such a reference on the occasion of their official publication. Member States shall determine how such reference is to be made.

Removed:Member States shall communicate to the Commission the text of the main provisions of national law which they adopt in the field covered by Article 1.

Removed:Entry into force and application

Removed:This Directive shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.

Removed:Article 2 , points (1) and (2), shall apply from … [OP please insert the date = 1 day after the transposition date of this amending Directive].

Removed:Article 2, point (3), shall apply from … [one day from the date of entry into force of this amending Directive].

Removed:Article 2 shall be binding in its entirety and directly applicable in all Member States.

Removed:Addressees

Removed:This Directive is addressed to the Member States.

Removed:Done at Strasbourg,

Removed:For the European Parliament For the Council

Removed:The President The President