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Capital Requirements Regulation: adjustments in response to the COVID-19 pandemic

2020/0066(COD)·9th term·ECON·COD - Ordinary legislative procedure (ex-codecision procedure)·CompletedProcedure completed
Subjects: Securities and financial markets, stock exchange, CIUTS, investments · Banks and credit · Insurance, pension funds · Financial services, financial reporting and auditing · Financial supervision · Public health · Medicine, diseases
Rapporteur (the Member appointed to lead Parliament's work on this text): FERNÁNDEZ Jonás (S&D)
Summary

This dossier adjusts the Capital Requirements Regulation in response to the COVID-19 pandemic. The amendments address temporary suspension of dividend distributions and variable remuneration, guarantees from national governments, public debt and central-bank exposures, market-risk multipliers and backtesting overshootings in internal models, IFRS 9 expected credit loss provisions and transitional arrangements, non-performing exposures, the leverage ratio buffer and the Basel framework, to support banks' capacity to keep lending.

Procedure timeline

  1. Committee amendments tabled
    27 May 2020
  2. Plenary vote — Passed
    18 Jun 2020 · On the Commission proposal (the draft law)
  3. Procedure completed
96
Amendments
distinct, in window
41
Members
tabled at least one
1
Committee(s)
27 May 2020
Dates

Plenary votes

5 roll-call votes

In plenary, Parliament usually votes in steps: first on amendments to the text (sometimes split into parts, so Members can accept one half of a sentence and reject the other), then on the text as a whole. The “main vote” is the one that adopts or rejects the text itself. Each vote below shows exactly which step it was. How voting works →

  1. Show the 2 earlier votes
    1. 17 Jun 2020Failedoutcome from totals
      On amendment 3
      Official label: Am 3 · what was voted ↗
      156 for522 against9 abstentions17 did not vote
      For
      Against
      Abst.

      Click a group to see each Member’s position.

    2. 17 Jun 2020Passedoutcome from totals
      On amendment 5
      Official label: Am 5 · what was voted ↗
      512 for172 against3 abstentions17 did not vote
      For
      Against
      Abst.

      Click a group to see each Member’s position.

  2. 17 Jun 2020Failedoutcome from totals
    On amendment 1
    Official label: Am 1= 4= · what was voted ↗
    165 for511 against11 abstentions17 did not vote
    For
    Against
    Abst.

    Click a group to see each Member’s position.

  3. 17 Jun 2020Failedoutcome from totals
    On amendment 2
    Official label: Am 2 · what was voted ↗
    126 for487 against74 abstentions17 did not vote
    For
    Against
    Abst.

    Click a group to see each Member’s position.

  4. 18 Jun 2020Main votePassedoutcome from totals
    On the Commission proposal (the draft law)
    Official label: Proposition de la Commission · what was voted ↗
    502 for169 against17 abstentions16 did not vote
    For
    Against
    Abst.

    Click a group to see each Member’s position.

Vote data: HowTheyVote.eu (ODbL, attribution) / European Parliament · roll-call votes only

Official amendment documents

PE652.494 ↗

Connections

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See these connections as a navigable graph — and walk from there to anything else.

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Full record

Members who amended this procedure

41 Members · by amendment count
1🇩🇪
Sven GIEGOLD
Greens / EFA · Germany
15(15 solo)
2🇮🇹
Fabio Massimo CASTALDO
Renew Europe · Italy
14(14 solo)
3🇪🇸
José Manuel GARCÍA-MARGALLO Y MARFIL
European People's Party (EPP) · Spain
12
4🇪🇸
Isabel BENJUMEA BENJUMEA
European People's Party (EPP) · Spain
12
5🇦🇹
Othmar KARAS
European People's Party (EPP) · Austria
10
6🇩🇪
Markus FERBER
European People's Party (EPP) · Germany
10
7🇳🇱
Caroline NAGTEGAAL
Renew Europe · Netherlands
7(7 solo)
8🇪🇸
Jonás FERNÁNDEZ
Socialists & Democrats · Spain
6(6 solo)
9🇮🇹
Antonio TAJANI
European People's Party (EPP) · Italy
6
10🇮🇹
Herbert DORFMANN
European People's Party (EPP) · Italy
6
11🇮🇹
Fulvio MARTUSCIELLO
European People's Party (EPP) · Italy
6
12🇵🇹
José GUSMÃO
The Left (GUE/NGL) · Portugal
6(6 solo)
13🇷🇴
Siegfried MUREŞAN
European People's Party (EPP) · Romania
5
14🇮🇹
Raffaele FITTO
European Conservatives & Reformists · Italy
4(4 solo)
15🇭🇺
Enikő GYŐRI
Patriots for Europe · Hungary
3
16🇧🇬
Eva MAYDELL
European People's Party (EPP) · Bulgaria
3
17🇵🇱
Danuta Maria HÜBNER
European People's Party (EPP) · Poland
3
18🇨🇿
Luděk NIEDERMAYER
European People's Party (EPP) · Czechia
3
19🇷🇴
Carmen AVRAM
Socialists & Democrats · Romania
3
20🇷🇴
Mihai TUDOSE
Socialists & Democrats · Romania
3
21🇧🇪
Johan VAN OVERTVELDT
European Conservatives & Reformists · Belgium
3
22🇳🇱
Derk Jan EPPINK
European Conservatives & Reformists · Netherlands
3
23🇵🇱
Bogdan RZOŃCA
European Conservatives & Reformists · Poland
3
24🇮🇹
Marco ZANNI
Identity & Democracy · Italy
3
25🇮🇹
Francesca DONATO
Non-attached · Italy
3

The amendments, in full text

96 amendments

Every amendment as tabled — original text, proposed change and justification, with a link to the official PDF.

The full amendment texts load as you scroll here.