Gianni PITTELLA
Constituencies
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Italy
Partito Democratico
2009/07/14 - 9999/12/31
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Italy
Uniti nell'Ulivo
2004/07/20 - 2009/07/13
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Italy
Democratici di Sinistra
2004/07/20 - 2009/07/13
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Italy
Partito Democratico
2004/07/20 - 2009/07/13
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Italy
Uniti nell'Ulivo
2004/07/20 - 2009/07/13
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Italy
Democratici di Sinistra
1999/07/20 - 2004/07/19
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Italy
Democratici di Sinistra
1999/07/20 - 2004/07/19
Groups
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S&D
Member
Group of the Progressive Alliance of Socialists and Democrats in the European Parliament
2009/07/14 - 9999/12/31
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PSE
Member
Socialist Group in the European Parliament
2004/07/20 - 2009/07/13
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PSE
Member
Group of the Party of European Socialists
1999/07/20 - 2004/07/19
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PSE
Member
Group of the Party of European Socialists
1999/07/20 - 2004/07/19
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PSE
Member
Socialist Group in the European Parliament
2004/07/20 - 2009/07/13
EP staff
- Vice-President of European Parliament 2012/01/18 - 9999/12/31
- Member of Parliament's Bureau 2012/01/18 - 9999/12/31
Show earlier staff positions...
- Vice-President of European Parliament 2009/07/14 - 2012/01/16
- Member of Parliament's Bureau 2009/07/14 - 2012/01/16
Committees
| Role | Committee | Start | End |
|---|---|---|---|
| Member of | Committee on Culture and Education | 2012/01/19 | 9999/12/31 |
| Substitute of | Committee on Economic and Monetary Affairs | 2012/01/19 | 9999/12/31 |
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Delegations
| Role | Delegation | Start | End |
|---|---|---|---|
| Member of | Delegation for relations with Albania, Bosnia and Herzegovina, Serbia, Montenegro and Kosovo | 2009/09/16 | 9999/12/31 |
| Substitute of | Delegation to the Parliamentary Assembly of the Union for the Mediterranean | 2009/09/16 | 9999/12/31 |
Show earlier delegations...
| Role | Delegation | Start | End |
|---|---|---|---|
| Member of | Delegation to the EU-Moldova Parliamentary Cooperation Committee | 2004/09/15 | 2009/07/13 |
| Substitute of | Delegation to the EU-Romania Joint Parliamentary Committee | 2004/09/15 | 2006/12/31 |
| Member of | Delegation for relations with Australia and New Zealand | 2002/02/07 | 2004/07/19 |
| Vice-Chair of | Delegations to the parliamentary cooperation committees for relations with Armenia, Azerbaijan and Georgia | 1999/07/22 | 2002/01/14 |
| Vice-Chair of | Delegations to the parliamentary cooperation committees for relations with Armenia, Azerbaijan and Georgia | 1999/07/22 | 2002/01/14 |
| Member of | Delegation for relations with Australia and New Zealand | 2002/02/07 | 2004/07/19 |
| Member of | Delegation to the EU-Moldova Parliamentary Cooperation Committee | 2004/09/15 | 2009/07/13 |
| Substitute of | Delegation to the EU-Romania Joint Parliamentary Committee | 2004/09/15 | 2006/12/31 |
Contact
Online
- Homepage
- http://www.giannipittella.it
- Homepage
- http://www.partitodemocratico.eu
- [javascript protected email address]
Brussels
- Phone
- +322 28 45159
- Fax
- +322 28 49159
- Office
- Bât. Altiero Spinelli 15G108
- Full Address
-
- City
- Bruxelles/Brussel
- Zip
- B-1047
- Street
- 60, rue Wiertz / Wiertzstraat 60
Strasbourg
- Phone
- +333 88 1 75159
- Fax
- +333 88 1 79159
- Office
- Bât. Louise Weiss T12069
- Full Address
-
- City
- Strasbourg
- Zip
- CS 91024 - F-67070
- Street
- 1, avenue du Président Robert Schuman
Postal
- Parlamento europeo
- Rue Wiertz
- Altiero Spinelli 15G108
- B-1047 Bruxelles
Rapporteur
| Shadow | 2012/0242(CNS) | Prudential supervision of credit institutions: conferral of specific tasks on the European Central Bank (ECB) |
| Opinion | 2011/2178(INI) | Competitive digital single market - eGovernment as a spearhead |
| Responsible | 2007/2201(INI) | Competition: Sector inquiry on retail banking |
| Responsible | 2006/2265(BUD) | Amending budget 6/2006: revision of the forecasts for traditional own resources and of VAT and GNI balances, decrease of appropriations for the EAGGF and the Structural Funds and Cohesion Fund |
| Responsible | 2006/2202(BUD) | Amending budget 5/2006: section III Commission, funds for the economic development of the Turkish Cypriot community, European Year of Equal Opportunities for All 2007, expenditure incurred in connection with treasury management |
| Responsible | 2006/2149(BUD) | Amending budget 3/2006 (ex-draft budget 4/2006): revision of the forecast of traditional own resources TOR, VAT and GNI bases, budgeting of UK 2002, 2004 and 2005 corrections |
| Responsible | 2006/2119(BUD) | Amending budget 4/2006 (ex-draft budget 3/2006): Section III Commission, Section VIII Part B European Data-protection Supervisor |
| Responsible | 2006/2098(BUD) | Amending budget 2/2006: budgeting the surplus from the implementation of the budget year 2005 |
| Responsible | 2006/2066(BUD) | Amending budget 1/2006: mobilisation of the Union Solidarity Fund following the floods in Bulgaria, Romania and Austria |
| Opinion | 2006/2018(BUD) | 2007 budget: section III, Commission |
| Responsible | 2005/2080(BUD) | 2006 budget: conciliation procedure |
| Responsible | 2005/2001(BUD) | 2006 budget: Section III, Commission |
| Responsible | 2004/2270(BUD) | 2006 budget: Commission's strategical annual priorities |
| Opinion | 2004/2005(INI) | Economic and social cohesion. 3rd report |
| Responsible | 2002/2272(INI) | Structural Funds: trend in outstanding commitments and requirements for 2004 |
| Opinion | 2002/2009(COS) | Structural Funds, Cohesion Fund and Instrument for Pre-accession ISPA. Annual reports 2000 |
| Opinion | 2001/2058(COS) | Cohesion Fund. Annual report 1999 |
| Opinion | 2001/2057(COS) | Structural Funds. 11th annual report 1999 |
| Opinion | 2001/0163(CNS) | EC/Morocco fisheries agreement: conversion of vessels and fishermen following the non-renewal of the agreement |
| Responsible | 1999/2072(BUD) | 2000 ECSC operating budget |
Born
1958/11/19 Lauria (PZ)- Graduate in medicine and surgery; specialised in medicine for legal and insurance purposes.
- Regional Secretary of the Young Socialists; member of the DS national leadership; DS national official responsible for Italians in the world.
- Municipal councillor (1979); Member of Regional Council and Member of Regional Executive with responsibility for training, culture and productive activities (1980).
- Member of the European Parliament (since 1999).
- Author of, inter alia: 'Eurodiario' (1999-2000), 'Il Triangolo della ricchezza' (2003), 'Europa' (2004).
Amendments
| Amendments | Dossier |
| 2 |
2008/0196(COD) Consumer rights (amend. Directives 93/13/EEC and 1999/44/EC; repeal. Directives 85/577/EEC and 97/7/EC)
2010/10/25
IMCO
2 amendments...
Amendment 545 #
Proposal for a directive Article 4 – paragraph 1 and paragraph 1 a (new) 1. Member States may
source: PE-450.954
|
| 8 |
2009/0054(COD) Commercial transactions: combating late payment (repeal. Directive 2000/35/EC). Recast
2010/10/03
IMCO
8 amendments...
Amendment 20 #
Proposal for a directive Recital 10 (10) This Directive should regulate all commercial transactions irrespective of whether they are carried out between private or public undertakings or between undertakings and public authorities, having regard to the fact that the latter handle a considerable volume of payments to business. It should therefore also regulate all commercial transactions between main contractors and their suppliers and subcontractors as well as collective agreements on commercial transactions, including continuous or recurring ones, between undertakings or associations representing undertakings and public authorities.
Amendment 59 #
Proposal for a directive Article 2 – point 1 (1) “commercial transactions” means transactions between undertakings or between undertakings and public authorities, including transactions governed by collective agreements, which lead to the delivery of goods or the provision of services for remuneration;
Amendment 85 #
Proposal for a directive Article 3 – title Interest
Amendment 93 #
Proposal for a directive Article 3 – paragraph 2 – point a (a) interest for late payment shall become payable from the day following the date or the end of the period for payment fixed in the contract, which must not exceed 60 days from the date of delivery of the goods or performance of the services to which the contract relates;
Amendment 105 #
Proposal for a directive Article 4 – paragraph 1 – introductory part 1. Member States shall ensure that, when interest for late payment becomes payable in commercial transactions in accordance with Articles 3 and 5
Amendment 145 #
Proposal for a directive Article 5 – paragraph 1 – introductory part 1. Member States shall ensure that, in commercial transactions leading to the delivery of goods or the provision of services for remuneration to public authorities, or on behalf of public authorities to third parties, the creditor is entitled, without the necessity of a reminder, to interest for late payment equal to statutory interest if the following conditions are satisfied:
Amendment 187 #
Proposal for a directive Article 5 – paragraph 5 5. Member States shall ensure that, when interest for late payment becomes payable, the creditor is entitled to
Amendment 193 #
Proposal for a directive Article 5 – paragraph 6 a (new) 6a. Member States may provide that the creditor may request public authorities to certify, within a given period following submission of the request, that the debt referred to in paragraph 1 is certain, of a fixed amount, and payable, in order to enable it to assign the debt, without recourse, to banks or financial intermediaries recognised by the legislation in force. Such assignment shall take effect in relation to the assigned debtor from the moment of the above- mentioned certification. From the moment that the certification has been made, interest for late payment shall cease to be payable, and no lump sum compensation may be paid as provided for in paragraph 5.
source: PE-439.270
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| 12 |
2009/0140(COD) European Systemic Risk Board ESRB: establishment; macro-prudential oversight of the financial system
2010/03/19
ECON
12 amendments...
Amendment 93 #
Proposal for a regulation Recital 8 (8) The ESRB should, where appropriate, issue warnings and recommendations of a general nature concerning the Community as a whole, individual Member States or groups of Member States, with a specified timeline for the relevant policy response. Where appropriate, the ESRB should declare the existence of an emergency situation and trigger the intervention of the European Supervisory Authorities.
Amendment 100 #
Proposal for a regulation Recital 9 (9) In order to increase their weight and legitimacy, such warnings and recommendations should be transmitted
Amendment 103 #
Proposal for a regulation Recital 10 (10) The ESRB should also monitor compliance with its recommendations, based on reports from addressees, in order to ensure that its warnings and recommendations are effectively followed. Addressees of recommendations should a
Amendment 122 #
Proposal for a regulation Article 3 – paragraph 2 – point a a (new) (aa) identify and/or collect the necessary data from all financial institutions and through the European Supervisory Authorities;
Amendment 123 #
Proposal for a regulation Article 3 – paragraph 2 – point c (c) issue warnings where risks are deemed to be significant and, where appropriate, declare the existence of an emergency situation;
Amendment 132 #
Proposal for a regulation Article 4 – paragraph 3 3. The Steering Committee shall assist in the decision-making process of the ESRB by supporting the preparation of the meetings of the General Board, reviewing the documents to be discussed and monitoring the progress of the ESRB’s ongoing work. Where the General Board is called upon to take decisions on sector- specific matters, the Steering Committee shall work in close collaboration with the competent European authority and its appropriate Stakeholder Group for the purpose of compiling the papers for meetings.
Amendment 135 #
Proposal for a regulation Article 4 – paragraph 5 a (new) 5a. The European Supervisory Authorities shall provide expert advice regarding the macroeconomic risk profiles of the various sectors involved in financial services.
Amendment 213 #
Proposal for a regulation Article 16 – paragraph 1 1. When significant risks to the achievement of the objective in
Amendment 218 #
Proposal for a regulation Article 16 – paragraph 3 3. The warnings or recommendations shall also be transmitted to the addressees in accordance with paragraph 2, to the Council and, where addressed to one or more national supervisory authority, to the European Supervisory Authorities.
Amendment 224 #
Proposal for a regulation Article 16 a (new) Article 16a Action in emergency situations 1. In the case of adverse developments which may seriously jeopardise the orderly functioning and integrity of financial markets or the stability of the whole or part of the financial system in the European Union, the ESRB in accordance with point b of Article 3(2) may issue warnings, upon its own initiative or following a request by an Authority, the Council, the European Parliament or the Commission, and, where appropriate, declare the existence of an emergency situation. 2. A soon as it issues a warning the ESRB shall simultaneously notify the European Parliament, the Council, the Commission and the European Supervisory Authority.
Amendment 227 #
Proposal for a regulation Article 17 – paragraph 1 1. Where a recommendation referred to in
Amendment 230 #
Proposal for a regulation Article 17 – paragraph 2 2. If the ESRB decides that its recommendation has not been followed
source: PE-439.845
|
| 20 |
2009/0142(COD) European Banking Authority EBA: establishment (amend. Decision No 716/2009/EC)
2010/03/26
ECON
5 amendments...
Amendment 366 #
Proposal for a regulation Article 7 – paragraph 1 – subparagraph 2 Before submitting them to the Commission, the Authority shall
Amendment 374 #
Proposal for a regulation Article 7 – paragraph 1 – subparagraph 4 Where the Commission
Amendment 383 #
Proposal for a regulation Article 7 – paragraph 1 – subparagraph 4 a (new) Within a period of 6 weeks, the Authority shall amend the draft standards duly taking into account the Commission’s concerns.
Amendment 787 #
Proposal for a regulation Article 66 – paragraph 1 – subparagraph 1 1. Within three years from the date set out in the second paragraph of Article 67 and every three years thereafter, the Commission shall examine this Regulation, and in particular the functioning of Article 23, and publish a general report on the experience acquired as a result of the operation of the Authority and the procedures laid down in this Regulation.
Amendment 793 #
Proposal for a regulation Article 66 – paragraph 1 – subparagraph 2 That report shall also evaluate progress achieved towards regulatory and supervisory convergence in the fields of crisis management and resolution in the Community and shall submit a report to the Parliament and the Council together with any appropriate proposals to amend this Regulation. The evaluation shall be based on extensive consultation, including with the Banking Stakeholder Group.
source: PE-439.966
2010/04/15
ECON
15 amendments...
Amendment 414 #
Proposal for a regulation Article 9 – paragraph 1 1. Where a competent authority has not correctly applied the legislation referred to in Article 1(2), including the technical standards adopted in accordance with Article 7, in particular by failing to ensure that a financial institution satisfies the requirements laid down in that legislation, the Authority shall have the powers set out in paragraphs 2, 3 and 6 of this Article.
Amendment 421 #
Proposal for a regulation Article 9 – paragraph 4 – subparagraph 1 4. Where the competent authority has not complied with Community law within
Amendment 423 #
Proposal for a regulation Article 9 – paragraph 4 – subparagraph 2 The
Amendment 425 #
Proposal for a regulation Article 9 – paragraph 4 – subparagraph 3 The
Amendment 426 #
Proposal for a regulation Article 9 – paragraph 4 – subparagraph 4 The
Amendment 428 #
Proposal for a regulation Article 9 – paragraph 5 5. The competent authority shall, within ten working days of receipt of the decision referred to in paragraph 4, inform the Commission and the Authority of the steps it has taken or intends to take to implement the
Amendment 433 #
Proposal for a regulation Article 9 – paragraph 6 – subparagraph 1 6. Without prejudice to the powers of the Commission under Article 2
Amendment 436 #
Proposal for a regulation Article 9 – paragraph 6 – subparagraph 2 The decision of the Authority shall be in conformity with the decision adopted
Amendment 438 #
Proposal for a regulation Article 9 – paragraph 7 – subparagraph 1 a (new) Decisions adopted under paragraph 6 are applicable, if the case be, to all relevant financial institutions which are active in the non-complying jurisdiction.
Amendment 441 #
Proposal for a regulation Article 9 – paragraph 7 – subparagraph 2 Amendment 450 #
Proposal for a regulation Article 10 – paragraph 1 1. In the case of adverse developments which may seriously jeopardise the orderly functioning and integrity of financial markets or the stability of the whole or part of the financial system in the Community, the
Amendment 465 #
Proposal for a regulation Article 10 – paragraph 2 2. Where the
Amendment 478 #
Proposal for a regulation Article 10 – paragraph 3 3. Without prejudice to the powers of the Commission under Article 2
Amendment 481 #
Proposal for a regulation Article 10 – paragraph 4 – subparagraph 2 Any action by the competent authorities in relation to facts which are subject to a decision pursuant to paragraph 2 or 3 shall be comp
Amendment 494 #
Proposal for a regulation Article 11 – paragraph 3 3. If, at the end of the conciliation phase, the competent authorities concerned have failed to reach an agreement, the Authority may take a decision requiring them to take specific action or to refrain from action in order to settle the matter,
source: PE-440.017
|
| 20 |
2009/0143(COD) European Insurance and Occupational Pensions Authority EIOPA: establisment (amend. Decision No 716/2009/EC)
2010/03/23
ECON
20 amendments...
Amendment 244 #
Proposal for a regulation Article 7 – paragraph 1 – subparagraph 2 Before submitting them to the Commission, the Authority shall
Amendment 248 #
Proposal for a regulation Article 7 – paragraph 1 – subparagraph 4 Where the Commission
Amendment 278 #
Proposal for a regulation Article 9 – paragraph 1 1. Where a national supervisory authority has not correctly applied the legislation referred to in Article 1(2), including the technical standards adopted in accordance with Article 7, in particular by failing to ensure that a financial institution satisfies the requirements laid down in that legislation, the Authority shall have the powers set out in paragraphs 2, 3 and 6 of this Article.
Amendment 280 #
Proposal for a regulation Article 9 – paragraph 4 – subparagraph 1 4. Where the national supervisory authority has not complied with
Amendment 283 #
Proposal for a regulation Article 9 – paragraph 4 – subparagraph 2 The
Amendment 285 #
Proposal for a regulation Article 9 – paragraph 4 – subparagraph 3 The
Amendment 287 #
Proposal for a regulation Article 9 – paragraph 4 – subparagraph 4 The
Amendment 290 #
Proposal for a regulation Article 9 – paragraph 5 5. The national supervisory authority shall, within ten working days of receipt of the decision referred to in paragraph 4, inform the Commission and the Authority of the steps it has taken or intends to take to implement the
Amendment 294 #
Proposal for a regulation Article 9 – paragraph 6 – subparagraph 1 6. Without prejudice to the powers of the Commission under Article 2
Amendment 298 #
Proposal for a regulation Article 9 – paragraph 6 – subparagraph 2 The decision of the Authority shall be in conformity with the decision adopted
Amendment 301 #
Proposal for a regulation Article 9 – paragraph 7 – subparagraph 1 a (new) 7a. Decisions adopted under paragraph 6 shall, where appropriate, be applicable to all relevant financial institutions which are active in the non-complying jurisdiction.
Amendment 303 #
Proposal for a regulation Article 9 – paragraph 7 – subparagraph 2 Amendment 307 #
Proposal for a regulation Article 10 1. In the case of adverse developments which may seriously jeopardise the orderly functioning and integrity of financial markets or the stability of the whole or part of the financial system in the
Amendment 316 #
Proposal for a regulation Article 10 – paragraph 2 2. Where the
Amendment 328 #
Proposal for a regulation Article 10 – paragraph 3 3. Without prejudice to the powers of the Commission under Article 2
Amendment 333 #
Proposal for a regulation Article 10 – paragraph 4 – subparagraph 2 Any action by the
Amendment 349 #
Proposal for a regulation Article 11 – paragraph 1 1. Without prejudice to the powers laid down in Article 9, where a national supervisory authority disagrees on the procedure or content of an action or inaction by another national supervisory authority in areas where the legislation referred to in Article 1(2) requires cooperation, coordination or joint decision making by national supervisory authorities from more than one Member State, and does not assign ultimate responsibility to the group supervisor, the Authority, at the request of one or more of the national supervisory authorities concerned, may assist the authorities in reaching an agreement in accordance with the procedure set out in paragraph 2.
Amendment 351 #
Proposal for a regulation Article 11 – paragraph 3 3. If, at the end of the conciliation phase, the national supervisory authorities concerned have failed to reach an agreement, the Authority may take a decision requiring them to take specific action or to refrain from action in order to settle the matter,
Amendment 566 #
Proposal for a regulation Article 66 – paragraph 1 – subparagraph 1 1. Within three years from the date set out in the second paragraph of Article 67 and every three years thereafter, the Commission shall examine this Regulation, and in particular the functioning of Article 23, and publish a general report on the experience acquired as a result of the operation of the Authority and the procedures laid down in this Regulation.
Amendment 569 #
Proposal for a regulation Article 66 – paragraph 1 – subparagraph 2 That report shall also evaluate progress achieved towards regulatory and supervisory convergence in the fields of crisis management and resolution in the Community and shall submit a report to the Parliament and the Council together with any appropriate proposals to amend this Regulation. The evaluation shall be based on extensive consultation, including with the Insurance, Reinsurance and Occupational Pension Funds Stakeholder Group.
source: PE-439.921
|
| 72 |
2009/0144(COD) European Securities and Markets Authority ESMA: establishment (amend. Decision No 716/2009/EC)
2010/03/24
ECON
72 amendments...
Amendment 152 #
Proposal for a regulation Recital 14 (14) There is a need to introduce an effective instrument to establish harmonised technical standards in financial services to ensure, also through a single rulebook, a level playing field and an adequate protection investors and consumers across Europe. As a body with highly specialised expertise, it is efficient and appropriate to entrust the Authority, in areas defined by
Amendment 157 #
Proposal for a regulation Recital 21 (21) Serious threats to the orderly functioning and integrity of financial markets or the stability of the financial system in the
Amendment 162 #
Proposal for a regulation Recital 22 (22) In order to ensure efficient and effective supervision and a balanced consideration of the positions of the competent authorities in different Member States, the Authority should be able to settle disagreements between those competent authorities with binding effect, including within colleges of supervisors. A conciliation phase should be provided for, during which the competent authorities may reach an agreement. The Authority's competence should cover disagreements on procedural obligations in the cooperation process as well as on the interpretation and application of
Amendment 173 #
Proposal for a regulation Recital 34 a (new) (34a) Within three years from the entry into force of this Regulation, clear and sound guidance on when the safeguard clause may and may not be triggered by Member States shall be laid down at EU level by the Commission on the basis of the experience acquired. The use of the safeguard clause shall then be assessed against that guidance.
Amendment 177 #
Proposal for a regulation Recital 39 a (new) (39a) The implementation of the new supervisory architecture should be envisaged and its effectiveness carefully assessed. In the medium – long term an evolution of the supervisory architecture towards a system relying on only two authorities, one responsible for micro- prudential supervision and the other one responsible for transparency, investor protection and market integrity, should be taken into consideration.
Amendment 181 #
Proposal for a regulation Article 1 – paragraph 2 2. The Authority shall act within the scope of Directive 97/9/EC, Directive 98/26/EC, Directive 2001/34/EC, Directive 2002/47/EC, Directive 2002/87/EC, Directive 2003/6/EC, Directive 2003/71/EC,
Amendment 186 #
Proposal for a regulation Article 1 – paragraph 3 3. The provisions of this Regulation are without prejudice to the powers of the Commission, in particular under Article 2
Amendment 189 #
Proposal for a regulation Article 1 – paragraph 4 4. The objective of the Authority shall be to contribute to: (i) protecting investors, (ii) improving the functioning of the internal market, including in particular a high, effective and consistent level of regulation and supervision,
Amendment 199 #
Proposal for a regulation Article 1 – paragraph 4 4. The objective of the Authority shall be to contribute to: (i) improving the functioning of the internal market, including in particular a high, effective and consistent level of regulation and supervision, (ii) protecting
Amendment 228 #
Proposal for a regulation Article 6 – paragraph 1 – subparagraph 1 – point d a (new) (da) approve whether contracts offered by a central clearing house are clearing- eligible;
Amendment 229 #
Proposal for a regulation Article 6 – paragraph 1 – subparagraph 1 – point d b (new) (db) list on a public register all clearing- eligible contracts and all central clearing houses that have been authorised to clear those contracts;
Amendment 230 #
Proposal for a regulation Article 6 – paragraph 1 – subparagraph 1 – point d c (new) (dc) negotiate and conclude information exchange agreements with third country supervisors and procedures for handling emergency situations;
Amendment 233 #
Proposal for a regulation Article 6 – paragraph 1 – subparagraph 1 – point f a (new) (fa) foster investor protection, in particular by managing a Unit in charge of ensuring the enforcement of the harmonized EU regulations on product disclosure and selling processes to all retail investors for all retail investment products and services. EBA and EIOPA shall provide all the necessary support and cooperation to enable ESMA to properly execute this task;
Amendment 246 #
Proposal for a regulation Article 6 – paragraph 2 – subparagraph 1 – point f a (new) (fa) directly collect the necessary data from financial institutions;
Amendment 249 #
Proposal for a regulation Article 6 – paragraph 2 – subparagraph 1 – point f b (new) (fb) coordinate the collection by its members of the necessary data from financial institutions;
Amendment 265 #
Proposal for a regulation Article 7 – paragraph 1 – subparagraph 1 1. The Authority may develop technical standards in the areas specifically set out in the legislation referred to in Article 1(2) and 1(2a). The Authority shall submit its draft standards to the Commission for endorsement.
Amendment 267 #
Proposal for a regulation Article 7 – paragraph 1 – subparagraph 2 Before submitting them to the Commission, the Authority shall, where appropriate, conduct open public consultations on technical standards and analyse the potential related costs and benefits, unless such consultations and analyses are disproportionate in relation to the scope and impact of the technical standards concerned or in relation to the particular urgency of the matter.
Amendment 279 #
Proposal for a regulation Article 7 – paragraph 1 – subparagraph 3 Within three months of receipt of the draft standards, the Commission shall decide whether to endorse the draft standards. The Commission may extend that period by one month. The Commission may endorse the draft standards only in part or with amendments where the
Amendment 284 #
Proposal for a regulation Article 7 – paragraph 1 – subparagraph 4 Where the Commission
Amendment 285 #
Proposal for a regulation Article 7 – paragraph 1 – subparagraph 4 Where the Commission
Amendment 304 #
Proposal for a regulation Article 8 – paragraph 3 Where the competent authority does not apply those guidelines or recommendations it shall
Amendment 307 #
Proposal for a regulation Article 9 – paragraph 1 1. Where a competent authority has not correctly applied the legislation referred to in Article 1(2), including the technical standards adopted in accordance with Article 7, in particular by failing to ensure that a financial market participant satisfies the requirements laid down in that legislation, the Authority shall have the powers set out in paragraphs 2, 3 and 6 of this Article.
Amendment 311 #
Proposal for a regulation Article 9 – paragraph 4 – subparagraph 1 4. Where the competent authority has not complied with
Amendment 314 #
Proposal for a regulation Article 9 – paragraph 4 – subparagraph 2 The
Amendment 316 #
Proposal for a regulation Article 9 – paragraph 4 – subparagraph 3 The
Amendment 318 #
Proposal for a regulation Article 9 – paragraph 4 – subparagraph 4 The
Amendment 320 #
Proposal for a regulation Article 9 – paragraph 5 5. The competent authority shall, within ten working days of receipt of the decision referred to in paragraph 4, inform the Commission and the Authority of the steps it has taken or intends to take to implement the
Amendment 323 #
Proposal for a regulation Article 9 – paragraph 6 – subparagraph 1 6. Without prejudice to the powers of the Commission under Article 2
Amendment 325 #
Proposal for a regulation Article 9 – paragraph 6 – subparagraph 2 The decision of the Authority shall be in conformity with the decision adopted
Amendment 327 #
Proposal for a regulation Article 9 – paragraph 7 – subparagraph 1 a (new) Decisions adopted under paragraph 6 are applicable, if the case be, to all relevant financial institutions which are active in the non-complying jurisdiction.
Amendment 329 #
Proposal for a regulation Article 9 – paragraph 7 – subparagraph 2 Amendment 335 #
Proposal for a regulation Article 10 – paragraph 1 1. In the case of adverse developments which may seriously jeopardise the orderly functioning and integrity of financial markets or the stability of the whole or part of the financial system in the
Amendment 343 #
Proposal for a regulation Article 10 – paragraph 2 2. Where the
Amendment 353 #
Proposal for a regulation Article 10 – paragraph 3 3. Without prejudice to the powers of the Commission under Article 2
Amendment 356 #
Proposal for a regulation Article 10 – paragraph 4 – subpara 2 Any action by the competent authorities in relation to facts which are subject to a decision pursuant to paragraph 2 or 3 shall be comp
Amendment 366 #
Proposal for a regulation Article 11 – paragraph 3 3. If, at the end of the conciliation phase, the competent authorities concerned have failed to reach an agreement, the Authority may take a decision requiring them to take specific action or to refrain from action in order to settle the matter,
Amendment 371 #
Proposal for a regulation Article 12 – paragraph 1 1. The Authority shall contribute to promote and monitor the efficient, effective and consistent functioning of colleges of supervisors referred to in Directives 2006/49/EC and 2009/111/EC and foster the coherence of the application of
Amendment 372 #
Proposal for a regulation Article 12 – paragraph 1 – subparagraph 1 a (new) The Authority shall issue guidelines and recommendations adopted under Articles 7 and 8 that harmonise supervisory functioning and practices adopted by the colleges of supervisors.
Amendment 375 #
Proposal for a regulation Article 12 – paragraph 3 a (new) 3a. A legally binding mediation role should allow the Authority to solve disputes between national supervisors following the procedure set up in Article 11. The Authority should be empowered to, when no agreement can be found between the supervisors of a cross-border institution, take supervisory decisions directly applicable to the institution concerned.
Amendment 425 #
Proposal for a regulation Article 21 – paragraph 2 2 The Authority shall cooperate closely with the ESRB. It shall provide the ESRB with regular and up-to-date information necessary for the achievement of its tasks. Any data necessary for the achievement of its tasks that are not in summary or collective form shall be provided without delay to the ESRB upon a reasoned request, as specified in Article [15] of Regulation (E
Amendment 427 #
Proposal for a regulation Article 22 – paragraph 1 1. For the purpose of consultation with stakeholders in areas relevant to the tasks of the Authority, a Securities and Markets Stakeholder Group shall be established. The stakeholder Group shall be consulted on all important decisions and actions of the Authority, and in particular on all decisions submitted to or taken by the Authority’s Board of Supervisors.
Amendment 431 #
Proposal for a regulation Article 22 – paragraph 2 - subparagraph 1 2. The Securities and Markets Stakeholder Group shall be composed of 30 members, representing
Amendment 440 #
Proposal for a regulation Article 22 – paragraph 2 - subparagraph 2 The Securities and Markets Stakeholder Group shall meet at least
Amendment 444 #
Proposal for a regulation Article 22 – paragraph 3 - subparagraph 1 3. The members of the Securities and Markets Stakeholder Group shall be appointed by the Board of Supervisors of the Authority, following proposals from the relevant stakeholders. Stakeholders shall be effectively involved in the selection of their respective representatives.
Amendment 455 #
Proposal for a regulation Article 22 – paragraph 4 – subparagraph 2 a (new) The chair shall be designated by the members.
Amendment 460 #
Proposal for a regulation Article 22 – paragraph 5 5. The Securities and Markets Stakeholder Group may submit opinions and advice to the Authority on any issue related to the tasks of the Authority specified in Articles 7
Amendment 463 #
Proposal for a regulation Article 22 – paragraph 5 – subparagraph 1 a (new) The stakeholder group shall decide on the issues relevant for consultation as well as have the possibility to influence the agenda for the meetings. All group representatives shall have the opportunity to give inputs. The final decision on the proposed agenda items shall be taken by the stakeholder group, with the right for each stakeholder sub-group to have their proposed items on the agenda.
Amendment 465 #
Proposal for a regulation Article 22 – paragraph 5 – subparagraph 1 b (new) Each stakeholder sub-group shall have the freedom to submit its opinions and advice to the Authority which will not necessarily be the opinions of the majority of the stakeholder group.
Amendment 468 #
Proposal for a regulation Article 23 – paragraph 1 Amendment 473 #
Proposal for a regulation Article 23 – paragraph 1 1. The Authority shall ensure that no decision adopted under Articles 10 or 11 impinges
Amendment 477 #
Proposal for a regulation Article 23 – paragraph 2 – subparagraph 1 Amendment 479 #
Proposal for a regulation Article 23 – paragraph 2 – subparagraph 1 2. Where a Member State considers that a decision taken under Article 11 impinges on its fiscal responsibilities, it may notify the Authority and the Commission within
Amendment 483 #
Proposal for a regulation Article 23 – paragraph 2 – subparagraph 2 Amendment 484 #
Proposal for a regulation Article 23 – paragraph 2 – subparagraph 2 In its notification, the Member State shall justify why and
Amendment 489 #
Proposal for a regulation Article 23 – paragraph 2 – subparagraph 3 Amendment 491 #
Proposal for a regulation Article 23 – paragraph 2 – subparagraph 4 Amendment 492 #
Proposal for a regulation Article 23 – paragraph 2 – subparagraph 5 Amendment 495 #
Proposal for a regulation Article 23 – paragraph 2 – subparagraph 5 Where the Authority maintains its decision, the Council
Amendment 500 #
Proposal for a regulation Article 23 – paragraph 2 – subparagraph 6 Amendment 504 #
Proposal for a regulation Article 23 – paragraph 3 – subparagraph 1 Amendment 505 #
Proposal for a regulation Article 23 – paragraph 3 – subparagraph 1 3. Where a Member State considers that a decision taken under Article 10(2) impinges on its fiscal responsibilities, it may notify the Authority, the Commission and the Council within t
Amendment 506 #
Proposal for a regulation Article 23 – paragraph 3 – subparagraph 2 Amendment 509 #
Proposal for a regulation Article 23 – paragraph 3 – subparagraph 3 Amendment 510 #
Proposal for a regulation Article 23 – paragraph 3 – subparagraph 3 The Council
Amendment 515 #
Proposal for a regulation Article 23 – paragraph 3 – subparagraph 4 Amendment 516 #
Proposal for a regulation Article 23 – paragraph 3 – subparagraph 4 Where the Council does not take a decision within
Amendment 520 #
Proposal for a regulation Article 25 – paragraph 1 – subparagraph 1 – point a (a)
Amendment 545 #
Proposal for a regulation Article 30 – paragraph 1 – subparagraph 1 1. The Management Board shall be composed of the
Amendment 548 #
Proposal for a regulation Article 30 – paragraph 1 – subparagraph 2 Amendment 550 #
Proposal for a regulation Article 30 – paragraph 1 – subparagraph 3 Amendment 583 #
Proposal for a regulation Article 40 a (new) Article 40 a In case a significant cross border financial institution reaches across different sectors the European Supervisory Authority (Joint Committee) shall decide which European Supervisory Authority shall act as leading competent authority and/ or adopt binding decisions to resolve problems between the European Supervisory Authorities.
Amendment 634 #
Proposal for a regulation Article 66 – paragraph 2 a (new) 2a. The implementation of the new supervisory architecture should be envisaged and its effectiveness carefully assessed. In the medium – long term an evolution of the supervisory architecture towards a system relying on only two authorities, one responsible for micro- prudential supervision and the other one responsible for transparency, investor protection and market integrity, should be taken into consideration.
source: PE-439.456
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| 4 |
2009/0161(COD) Financial supervision: powers of the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority (amend. Directives 98/26/EC, 2002/87/EC, 2003/6/EC, 2003/41/EC, 2003/71/EC, 2004/39/EC, 2004/109/EC, 2005/60/EC, 2006/48/EC, 2006/49/EC and 2009/65/EC)
2010/03/19
ECON
4 amendments...
Amendment 370 #
Proposal for a directive – amending act Recital 4 (4) The European Council, in its conclusions of 19 June 2009, recommended that a European System of Financial Supervisors, comprising three new European Supervisory Authorities, be established. The system should be aimed at upgrading the quality and consistency of national supervision, strengthening oversight of cross border groups
Amendment 449 #
Proposal for a directive – amending act Article 9 – point 22 Directive 2006/48/EC Article 124 – paragraph 6 – first subparagraph 6. In order to ensure uniform application of this Article, the European Banking Authority shall develop draft technical standards to determine the conditions of application of this Article and a common risk assessment procedure and methodology. The Authority shall submit those draft technical standards to the Commission by 1 January 2014.
Amendment 453 #
Proposal for a directive – amending act Article 9 – point 22 c (new) Directive 2006/48/EC Article 129 – paragraph 1 – subparagraph 1 a (new) (22c) In Article 129(1), the following subparagraph is inserted after the first subparagraph: "Where any competent authority concerned has referred a matter referred to in points (a), (b) and (c) of the first subparagraph to the European Banking Authority in accordance with Article 11 of Regulation .../...[EBA], that competent authority shall await the decision of the European Banking Authority, and shall take its decision in conformity with the decision of the European Banking Authority."
Amendment 457 #
Proposal for a directive – amending act Article 9 – point 22 d (new) Directive 2006/48/EC Article 129 – paragraph 1 – subparagraph 1 b (new) (22d) In Article 129(1), the following subparagraph is added after subparagraph 1 a: "To ensure uniform application of this Article, the European Banking Authority shall develop draft technical standards and guidelines to determine the conditions of the coordination and cooperation process with regard to the application of Articles 22, 123 and 124."
source: PE-439.899
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| 13 |
2010/0160(COD) Credit rating agencies: supervision
2010/10/15
ECON
13 amendments...
Amendment 45 #
Proposal for a regulation – amending act Recital 4 (4) The scope of the action of the European Supervisory Authority (European Securities and Markets Authority
Amendment 48 #
Proposal for a regulation – amending act Recital 5 (5) In order to reinforce competition between credit rating agencies, to help avoiding possible conflicts of interest under the issuer-pays model, which are particularly virulent regarding the rating of structured finance instruments, and to enhance transparency and the quality of ratings for structured finance instruments, registered or certified credit rating agencies should
Amendment 68 #
Proposal for a regulation – amending act Article 1 – point 4 Regulation (EC) No 1060/2009 Article 8 a – paragraph 2 – point b (b) they provide ratings on a yearly basis for at least
Amendment 82 #
Proposal for a regulation – amending act Article 1 – point 9 Regulation (EC) No 1060/2009 Article 18 – paragraph 3 3.
Amendment 94 #
Proposal for a regulation – amending act Article 1 – point 14 Regulation (EC) No 1060/2009 Article 24 – paragraph 3 – subparagraph 1 - point b (b)
Amendment 103 #
Proposal for a regulation – amending act Article 1 – point 17 Regulation (EC) No 1060/2009 Article 26 Amendment 104 #
Proposal for a regulation – amending act Article 1 – point 17 Regulation (EC) No 1060/2009 Article 27 – paragraph 1 1. The competent authorities shall, without undue delay, supply the E
Amendment 106 #
Proposal for a regulation – amending act Article 1 – point 24 Regulation (EC) No 1060/2009 Article 36 a – paragraph 1 1.
Amendment 111 #
Proposal for a regulation – amending act Article 1 – point 24 Regulation (EC) No 1060/2009 Article 36 a – paragraph 3 3. Notwithstanding paragraph 2, where the credit rating agency has directly or indirectly gained a quantifiable financial benefit from the breach, the amount of the fine has to be
Amendment 112 #
Proposal for a regulation – amending act Article 1 – point 24 Regulation (EC) No 1060/2009 Article 36 a – paragraph 4 – point a (a)
Amendment 114 #
Proposal for a regulation – amending act Article 1 – point 24 Regulation (EC) No 1060/2009 Article 36 a – paragraph 4 a (new) 4a. The Commission shall adopt, by means of delegated acts in accordance with Article 38a and subject to the conditions of Articles 38b and 38c, detailed rules for the implementation of this Article, specifying a list of fines, and their limits, relating to the breaches listed in Annex III.
Amendment 115 #
Proposal for a regulation – amending act Article 1 – point 24 Regulation (EC) No 1060/2009 Article 36 b – paragraph 1 – introductory part 1.
Amendment 131 #
Proposal for a regulation – amending act Article 1 – point 29 Regulation (EC) No 1060/2009 Article 40 a – paragraph 3 3. The competent authorities and colleges referred to in paragraph 1 shall ensure that any existing records and working papers shall be transferred to
source: PE-450.763
|
| 4 |
2010/0199(COD) Investor-Compensation Schemes
2011/02/03
ECON
4 amendments...
Amendment 101 #
Proposal for a directive – amending act Article 1 – point 5 Directive 97/9/EC Article 4a – paragraph 2 – subparagraph 1 2. Member States shall ensure that each scheme establishes a target fund level of at least 0.
Amendment 103 #
Proposal for a directive – amending act Article 1 – point 5 Directive 97/9/EC Article 4a – paragraph 2 – subparagraph 1 a (new) The Member States shall have the power to determine the percentage of the contribution referred to above (0.1%) to be paid ex ante and the percentage to be paid ex post.
Amendment 116 #
Proposal for a directive – amending act Article 1 – point 5 Directive 97/9/EC Article 4a – paragraph 4 Amendment 153 #
Proposal for a directive – amending act Article 1 – point 7 Directive 97/9/EC Article 9 – paragraph 2 – subparagraph 5 source: PE-460.643
|
| 3 |
2010/0207(COD) Deposit Guarantee Schemes. Recast
2011/05/04
ECON
3 amendments...
Amendment 107 #
Proposal for a directive Recital 2 a (new) (2a) In order to prevent future unnecessary calls on a DGS, there should be a stronger focus on preventive action. In particular, the supervision should be enhanced and supervisors should conduct proper assessment of business models, of new and existing players, eventually resulting in mandatory changes, limitations in activities, or even exclusion.
Amendment 222 #
Proposal for a directive Article 9 – paragraph 1 – subparagraph 3 The available financial means shall at least reach the target level. Where the financing capacity falls short of the target level, the payment of contributions shall resume at least until the target level is reached
Amendment 273 #
Proposal for a directive Article 11 – paragraph 1 1. The contributions to Deposit Guarantee Schemes referred to in Article 9 shall be determined for each member on the basis of the degree of risk incurred by it. Credit institutions shall not pay less than 75% or more than
source: PE-460.968
|
| 2 |
2010/2002(BUD) 2011 budget: draft mandate for the draft budget conciliation procedure before the first reading
2010/12/05
BUDG
2 amendments...
Amendment 97 #
Motion for a resolution Paragraph 37 37. Takes note, in this respect, of the Commission's communication on an Action Plan to implement the Stockholm Programme, and welcomes, in the field of immigration and support for the integration of immigrants, the proposed increase in CA for the External Borders Fund (254 million, +22 %) and the European Return Fund (114 million, + 29 %); this requires the Commission to equally reinforce all financial instruments aimed at strengthening the political, economic and development partnership with countries of origin and transit, including best practices in the use of labour remittances for development projects;
Amendment 125 #
Motion for a resolution Paragraph 50 a new 50a. Stresses the need to increase the Community budget for funding measures designed to address migration phenomena, with a view to improving the management of legal migration, slowing down illegal migration and optimising the impact of migration on development;
source: PE-441.198
|
| 28 |
2010/2302(INI) Credit rating agencies: future perspectives
2011/01/20
ECON
28 amendments...
Amendment 1 #
Motion for a resolution Recital A A. whereas it welcomes the ongoing work at global
Amendment 3 #
Motion for a resolution Recital B B. whereas CRAs are information intermediaries, reducing information asymmetries in the capital markets
Amendment 16 #
Motion for a resolution Recital E E. whereas Regulation No 1060/2009 was the first reaction to the financial crisis and already deals with the most pressing issues, subjecting CRAs to oversight and regulation; whereas, however, it does not address all the fundamental problems
Amendment 26 #
Motion for a resolution Recital F a (new) F a. whereas the best way to enhance competition would be to create a regulatory environment effective at promoting entry, and undertake a deeper analysis of the current barriers to entry and other factors affecting competition,
Amendment 39 #
Motion for a resolution Recital I a (new) Ia. whereas the Basel II system has resulted in excessive reliance on external ratings, leading in some cases to banks' deciding against performing autonomous assessments of their exposures,
Amendment 40 #
Motion for a resolution Recital I b (new) Ib. whereas recent regulation of ratings in the United States, with the Dodd Frank Act, has opted for less regulatory reliance on agencies’ judgments,
Amendment 45 #
Motion for a resolution Paragraph 1 1. Considers that, in the light of the change in the
Amendment 48 #
Motion for a resolution Paragraph 2 2. Agrees with the principles set out by the Financial Stability Board in October 2010 giving general guidance on how to reduce reliance on external credit ratings, and welcomes the Commission's public consultation starting in November 2010; asks the Commission to review whether and how Member States use ratings for regulatory purposes in order to reduce the general over-reliance of the financial regulatory system;
Amendment 51 #
Motion for a resolution Paragraph 3 3. Points to shortcomings in the standardised approach in the Basel II regulatory framework allowing regulatory capital requirements for financial institutions to be set on the basis of external credit ratings; supports increased use of the internal-ratings-based (IRB) approach, provided that the size and sophistication of the financial institution allow for an adequate risk assessment;
Amendment 62 #
Motion for a resolution Paragraph 6 a (new) 6a. Calls on the Commission to assess the possibility of replacing or combining reference to the rating with other instruments capable of performing a similar function;
Amendment 63 #
Motion for a resolution Paragraph 6 b (new) 6b. Considers it worthwhile, when seeking alternative indexes for use in measuring credit risk, to assess the possibility of using the difference between the interest rate on the issuer’s debt and the interest rate payable on an activity deemed risk- free;
Amendment 64 #
Motion for a resolution Paragraph 6 c (new) 6c. Stresses the desirability of combining overall ratings (indicated using letters of the alphabet) with more detailed probabilistic indications of the degree of probability of default and of the loss given default;
Amendment 69 #
Motion for a resolution Paragraph 7 7. Is aware of the inherent conflict of interest if market participants devise internal credit risk assessments for their own regulatory capital requirements, and hence sees the need to increase supervisors‘ capacity, powers and resources, for monitoring, assessing and overseeing the adequacy of the internal models;
Amendment 70 #
Motion for a resolution Paragraph 7 a (new) 7 a. In order effectively to exercise its supervisory powers, the European Supervisory Authority (European Securities and Markets Authority) should have the right to conduct unannounced investigations and on-site-inspections. When exercising its supervisory powers, the European Securities and Markets Authority should give the persons which are subject to proceedings an opportunity of being heard in order to respect their rights of defence;
Amendment 75 #
Motion for a resolution Paragraph 8 8. Highlights the global nature of the credit rating industry and urges the Commission and Member States to work on a global approach in order to preserve a level playing field, reduce over reliance and prevent regulatory arbitrage while keeping markets open;
Amendment 80 #
Motion for a resolution Subheading 4 Intermediate level: industry structure European Public Credit Rating
Amendment 87 #
Motion for a resolution Paragraph 9 9. Calls for a the establishment of a
Amendment 92 #
Motion for a resolution Paragraph 10 10. Believes that the start-up financing costs to cover the first
Amendment 100 #
Motion for a resolution Paragraph 11 11. Considers that, to ensure its credibility, the management, staff and governance structure of the new E
Amendment 106 #
Motion for a resolution Paragraph 12 12. Asks the Commission to conduct a detailed impact assessment and feasibility study on the establishment of a
Amendment 121 #
Motion for a resolution Paragraph 15 a (new) 15 a. In order to reinforce competition between credit rating agencies, to help avoid possible conflicts of interest under the issuer-pays model, and to enhance transparency and the quality of ratings for structured finance instruments, asks that registered or certified credit rating agencies should be able to access information on structured finance instruments that are being rated by their appointed competitors in order to be in a position to provide unsolicited ratings.
Amendment 133 #
Motion for a resolution Paragraph 18 18. If an external credit rating continues to be used for regulatory purposes, is of the opinion that the Commission should consider the use of two
Amendment 138 #
Motion for a resolution Paragraph 19 19. Considers that the costs of both ratings should be borne by the issuer and that the first rating should be by a hired CRA, at the choice of the issuer, while the second should be assigned by the European
Amendment 147 #
Motion for a resolution Paragraph 20 20. Is aware of the fact that market players are averse to volatile credit ratings because of the high costs involved (in related sell or buy decisions) when ratings are adjusted; considers, however, that smoothing practices by CRAs make ratings more likely to be procyclical and to
Amendment 152 #
Motion for a resolution Paragraph 20 a (new) 20 a. Calls the European Commission to entrust the European Court of Auditors, as an independent Institution, the rating on the sovereign debts;
Amendment 162 #
Motion for a resolution Paragraph 21 a (new) 21 a. Supports enhanced disclosure and explanation of methodologies, models and key rating assumptions adopted by credit rating agencies, also in light of the systemic impact that a downgrade on sovereign debt may produce;
Amendment 169 #
Motion for a resolution Paragraph 22 22. Supports the existence of various payment models in the industry as long as inherent conflicts of interest are addressed by regulatory means; asks the
Amendment 188 #
Motion for a resolution Paragraph 25 a (new) 25a. Considers that an effective civil liability system for CRAs could stimulate innovation; notes that at present the system governing agencies’ liability is unclear;
source: PE-454.677
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| 24 |
2011/0156(COD) Food intended for infants and young children and food for special medical purposes
2012/01/17
IMCO
24 amendments...
Amendment 32 #
Proposal for a regulation Recital 15 (15) A limited number of categories of food constitutes the sole source of nourishment of certain groups of the population or represent a partial source of nourishment; such categories of food are vital for the management of certain conditions and/or are essential to maintain the intended nutritional adequacy for certain well-established vulnerable groups of the population. Those categories of food include infant formulae and follow-on formulae, processed cereal-based food and baby food
Amendment 39 #
Proposal for a regulation Recital 16 (16) To ensure legal certainty, definitions laid down in Commission Directive 2006/141/EC, Commission Directive 2006/125/EC
Amendment 45 #
Proposal for a regulation Recital 19 (19) This Regulation should provide the criteria for the establishment of the specific compositional and information requirements for infant formula, follow-on formula, processed cereal-based food and baby food,
Amendment 49 #
Proposal for a regulation Recital 19 a (new) (19a) Whereas foods controlled by this Regulation are specialised foods distinguishable from foodstuffs intended for normal consumption, and which are governed by specific compositional criteria and which are required to provide additional mandatory labelling information to foodstuffs intended for normal consumption, it is appropriate to provide derogations, where appropriate, to those mandatory labelling requirements laid down in Regulation (EU) No 1169/2011 of the European Parliament and of the Council of 25 October 2011 on the provision of food information to consumers. ________________ 1 OJ L 304, 22.11.2011, p. 18.
Amendment 53 #
Proposal for a regulation Recital 20 (20) It is appropriate to establish and update a Union list of
Amendment 58 #
Proposal for a regulation Recital 26 (26) Currently, the statements ‘gluten-free’ and ‘very low gluten’ may be used for food
Amendment 68 #
Proposal for a regulation Article 1 – paragraph 1 – introductory part 1. This Regulation establishes compositional and information requirements for the following categories of foods for specialised nutrition:
Amendment 71 #
Proposal for a regulation Article 1 – paragraph 1 – point a (a) infant formula and follow-on formula for infants in good health;
Amendment 76 #
Proposal for a regulation Article 1 – paragraph 1 – point c a (new) (ca) foodstuffs for people intolerant to gluten;
Amendment 93 #
Proposal for a regulation Article 2 – paragraph 2 – point h a (new) (ha) ‘foodstuffs for people intolerant to gluten’ means foodstuffs for particular nutritional uses which are specially produced, prepared and/or processed to meet the special dietary needs of people intolerant to gluten.
Amendment 104 #
Proposal for a regulation Article 2 – paragraph 3 3. The Commission shall be empowered to adopt delegated acts in accordance with Article 15 to adapt the definitions of ‘infant formula’, ‘follow-on formula’, ‘processed cereal-based food’ and ‘baby food’,
Amendment 107 #
Proposal for a regulation Article 3 – paragraph 1 Food referred to in Article 1(1) and (2) may be placed on the market only if it complies with the provisions of this Regulation.
Amendment 111 #
Proposal for a regulation Article 6 – paragraph 1 1. Where it is evident that a food referred to in Article 1(1) and (2) is likely to constitute a serious risk to human health and that such risk cannot be contained satisfactorily by means of measures taken by the Member State(s) concerned, the Commission on its own initiative or at the request of a Member State, shall without delay take any appropriate interim emergency measures, including measures restricting or prohibiting the placing on the market of the food concerned, depending on the gravity of the situation. Those measures shall be adopted by means of implementing acts in accordance with the examination procedure referred to in Article 14(2).
Amendment 114 #
Proposal for a regulation Article 9 – paragraph 1 1. The composition of food referred to in Article 1(1) and (2) shall be such that it is appropriate to satisfy the specific nutritional needs of, and it is suitable for the persons to whom it is intended, in accordance with generally accepted scientific data.
Amendment 116 #
Proposal for a regulation Article 9 – paragraph 2 2. Food referred to in Article 1(1) and (2) shall not contain any substance in such quantity as to endanger the health of the persons to whom they are intended.
Amendment 118 #
Proposal for a regulation Article 9 – paragraph 3 3. The labelling, presentation and advertising of food referred to in Article 1(1) and (2) shall provide adequate consumer information
Amendment 123 #
Proposal for a regulation Article 9 – paragraph 4 4.
Amendment 127 #
Proposal for a regulation Article 10 – paragraph 1 1. Food referred to in Article 1(1) and (2) must comply with the requirements of Article 7 and composition and information requirements provided in Article 9.
Amendment 131 #
Proposal for a regulation Article 10 – paragraph 2 – introductory part 2. Subject to the general requirements of Articles 7 and 9 and taking into account Directive 2006/141/EC, Directive 2006/125/EC
Amendment 137 #
Proposal for a regulation Article 10 – paragraph 2 – point f a (new) (fa) the process for the placing on the market of food referred to in Article 1(1) resulting from scientific and technological innovations which do not comply with the rules as to composition laid down by the delegated Regulations;
Amendment 139 #
Proposal for a regulation Article 10 – paragraph 2 – point f b (new) (fb) the requirements for information to be provided on recommendations for appropriate use of the foods referred to in Article 1(1).
Amendment 146 #
Proposal for a regulation Article 17 – paragraph 2 Amendment 151 #
Proposal for a regulation Article 18 – paragraph 1 1. Food not complying with this Regulation but complying with Directives 2009/39/EC and 96/8/EC, Regulations (EC) No 41/2009 and (EC) No 953/2009, and labelled prior to [
Amendment 153 #
Proposal for a regulation Article 18 – paragraph 1 a (new) 1a. Regulation (EU) No 1169/2011 on shall apply to food referred to in Article 1(1) from ...*. ________________ * OJ Please insert date: three years after entry into force of the delegated Regulations referred to in Article 10(2) of this Regulation.
source: PE-478.332
|
| 11 |
2011/0202(COD) Financial supervision: prudential requirements for credit institutions and investment firms
2012/07/03
ECON
5 amendments...
Amendment 165 #
Proposal for a regulation Recital 27 (27) In line with the decision of the BCBS, as endorsed by the GHOS on 10 January 2011, all Additional Tier 1 and Tier 2 instruments of a
Amendment 417 #
Proposal for a regulation Article 30 – paragraph 1 – point b a (new) (ba) unrealized gains or losses on EU sovereign debt that are valued at fair value and held in the available for sale category. Until the review of the IFRS due to eliminate the available for sale category, EBA shall draft technical standards to specify the conditions according to which point (ba) shall apply.
Amendment 440 #
Proposal for a regulation Article 45 – paragraph - 2 (new) - 2. Without prejudice to paragraph 1 above and subject to the provision of the present section 3, [Member States may allow institutions not to deduct] institutions shall not deduct holdings in the Common Equity Tier 1 instruments of the insurance undertakings, reinsurance undertakings and insurance holding companies in which the institution has an investment, whether significant or not, where the following conditions are met: a) the shares of such undertakings are listed in a European regulated market; b) the entities act according to a traditional insurance business model; c) the institution does not own more than 15% of the voting rights or capital of that undertaking; d) following assessment by the competent authority, the competent authority is satisfied of the level of risk controls and financial analysis procedures specifically adopted by the institution in order to supervise the investment in the undertaking.
Amendment 442 #
Proposal for a regulation Article 45 – paragraph 2 2. Items that are not deducted pursuant to paragraph 1 and 2 shall be risk weighted at 250
Amendment 457 #
Proposal for a regulation Article 46 – paragraph 1 a (new) 1 a. Without prejudice to the provisions of the present Section 3, [Member States may allow institutions not to deduct] institutions shall not deduct holdings in the Common Equity Tier 1, instruments of insurance undertakings, reinsurance undertakings and insurance holding companies in which the institution has an investment, whether significant or not, where the following conditions are met: a) the shares of such undertakings are listed in a European regulated market; b) the entities act according to a traditional insurance business model; c) the institution does not own more than 15% of the voting rights or capital of that undertaking; d) following assessment by the competent authority, the competent authority is satisfied of the level of risk controls and financial analysis procedures specifically adopted by the institution in order to supervise the investment in the undertaking. With reference to items that are not deducted pursuant to paragraph 1 As an alternative to the deduction of holdings of an institution in the Common Equity Tier 1 instruments of insurance undertakings, reinsurance undertakings and insurance holding companies in which the institution has a significant investment, competent authorities may allow institutions to apply methods 1, 2 or 3 of Annex I to Directive 2002/87/EC. The institution shall apply the method chosen in a consistent manner over time.
source: PE-483.850
2012/08/03
ECON
3 amendments...
Amendment 494 #
Proposal for a regulation Article 49 – paragraph 2 – subparagraph 1 – point b (b) the nature of the permanent and temporarily write down of the principal amount;
Amendment 579 #
Proposal for a regulation Article 87 – paragraph 3 – point a a (new) (aa) the risk weighted exposure amounts for credit risk for loans to SMEs (as defined in Title II Chapter 3 Section 2 Sub-section 2 Art.148 (4)) for which the risk weighted exposure amounts have to be calculated in accordance with Title II and then multiplied by 76.19% (application of an SMEs Supporting Factor);
Amendment 580 #
Proposal for a regulation Article 87 – paragraph 3 – point a b (new) (ab) risk weighted exposure amounts from the trading book business of the institution;
source: PE-483.852
2012/09/03
ECON
3 amendments...
Amendment 1158 #
Proposal for a regulation Article 410 – paragraph 8 – subparagraph 1 – point a – introductory part (a) the depositor is one of following: (i) a parent or subsidiary institution of the institution or another subsidiary of the same parent institution or linked to the institution by a relationship within the meaning of Article 12(1) of Directive 83/349/EEC; or (ii) an institution falling within the same institutional protection scheme meeting the requirements of Article 108(7);
Amendment 1205 #
Proposal for a regulation Article 413 – paragraph 2 – point a (a) monies due from customers that are not financial customers shall be reduced by 50% of their value or by the contractual commitments to those customers to extend funding, whichever is higher.
Amendment 1226 #
Proposal for a regulation Article 413 – paragraph 4 – subparagraph 1 – point b (b) the
source: PE-483.853
|
| 1 |
2011/0203(COD) Financial supervision: access to the activity of credit institutions and supervision of credit institutions and investment firms
2012/07/03
ECON
1 amendments...
Amendment 292 #
Proposal for a directive Article 87 – paragraph 1 – point a – subparagraph 2 Executive or non-executive directorships held within the same group
source: PE-483.816
|
| 13 |
2011/0295(COD) Financial supervision: insider dealing and market manipulation (market abuse)
2012/11/05
ECON
13 amendments...
Amendment 69 #
Proposal for a regulation Recital 14 a (new) (14 a) Having access to inside information relating to another company and using it in the context of a public take-over bid for the purpose of gaining control of that company or proposing a merger with that company should not in itself be deemed to constitute insider dealing.
Amendment 78 #
Proposal for a regulation Recital 14 b (new) (14 b) Since the acquisition or disposal of financial instruments necessarily involves a prior decision to acquire or dispose taken by the person who undertakes one or other of these operations, the carrying out of this acquisition or disposal should not be deemed in itself to constitute the use of inside information.
Amendment 106 #
Proposal for a regulation Recital 27 (27) Insider lists are an important tool for regulators when investigating possible market abuse, but national differences in regards to data to be included in those lists impose unnecessary administrative burdens on issuers.
Amendment 139 #
Proposal for a regulation Article 3 – paragraph 2 a (new) 2 a. Having access to inside information relating to another company and using it in the context of a public take-over bid for the purpose of gaining control of that company or proposing a merger with that company should not in itself be deemed to constitute insider dealing
Amendment 140 #
Proposal for a regulation Article 3 – paragraph 2 b (new) 2 b. Since the acquisition or disposal of financial instruments necessarily involves a prior decision to acquire or dispose taken by the person who undertakes one or other of these operations, the carrying out of this acquisition or disposal should not be deemed in itself to constitute the use of inside information.
Amendment 155 #
Proposal for a regulation Article 5 – paragraph 1 – point 16 a (new) 16 a. "Rumours": news disclosed to the public in a manner not in accordance to article 12.concerning the assets and liabilities, profits and losses or financial position of issuers of financial instruments, extraordinary corporate actions in which such issuers are involved or their business performance
Amendment 276 #
Proposal for a regulation Article 12 – paragraph 1 1. An issuer of a financial instrument shall inform the public as soon as possible of
Amendment 278 #
Proposal for a regulation Article 12 – paragraph 1 – subparagraph 1 a (new) The issuers should be obliged to comments on rumours only if there are two conditions: - the rumours is true, and - there are abnormal movements in prices and quantities.
Amendment 290 #
Proposal for a regulation Article 12 – paragraph 7 7.
Amendment 305 #
Proposal for a regulation Article 13 – paragraph 2 2. Issuers of a financial instrument
Amendment 310 #
Proposal for a regulation Article 14 – paragraph 1 1.
Amendment 312 #
Proposal for a regulation Article 14 – paragraph 1 a (new) 1 a. Competent authorities will decide how to make it publicly available according to ESMA implementing technical standards.
Amendment 319 #
Proposal for a regulation Article 14 – paragraph 3 3. Paragraph 1 shall not apply to transactions totalling under EUR 20,000 over the period of a calendar year. Every time the threshold is reached, the calculation of the threshold should restart from zero until the limit has been reached again.
source: PE-489.421
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| 1 |
2011/0360(COD) Undertakings of collective investment in transferable securities (UCITS) and Alternative Investment Funds Managers: risk management
2012/03/29
ECON
1 amendments...
Amendment 5 #
Proposal for a directive Recital 2 (2) An effect of the financial crisis has been that investors, including UCITS and AIFs, rely excessively on credit ratings to carry out their investments on debt instruments, without necessarily conducting their own assessments of the creditworthiness of issuers of such debt instruments. In order to improve the quality of the investments made by UCITS and AIFs and, therefore, to protect investors in those funds, it is appropriate to require the persons managing UCITS and AIFs to avoid relying exclusively and automatically on external credit ratings when assessing the risk involved in the investments made by the UCITS and AIFs they manage. The general principle on the avoidance of excessive reliance on external credit ratings should therefore be integrated into the risk management processes and systems of the managers of UCITS and AIFs, and adapted to their specificities. However, internal models for risk assessment have not proven to be a more reliable option and a mere shift from external ratings to internal evaluations is unlikely to be beneficial. In the medium term, further initiatives should be evaluated in order to take ratings out of financial regulation and eliminate risk- weighting of assets through external rating or internal models".
source: PE-486.063
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| 4 |
2011/0361(COD) Credit rating agencies: integrity, transparency, responsibility, good governance and reliability of activities
2012/04/17
ECON
4 amendments...
Amendment 52 #
Proposal for a regulation Recital 5 (5) In the medium term, further actions should be evaluated to take ratings out of financial regulation and to eliminate risk- weighting of assets through external ratings or internal models. However, for the time being Credit rating agencies are important participants in the financial markets. As a consequence, the independence and integrity of credit rating agencies and their credit rating activities are of particular importance to guarantee their credibility vis-à-vis market participants, in particular investors and other users of ratings. Regulation 1060/2009 provides that credit rating agencies have to be registered and supervised as their services have considerable impact on the public interest. Credit ratings, unlike investment research, are not mere opinions about a value or a price for a financial instrument or a financial obligation. Credit rating agencies are not mere financial analysts or investment advisors. Credit ratings have regulatory value for regulated investors, such as credit institutions, insurance companies and other institutional investors. Although the incentives to excessively rely on credit ratings are being reduced, credit ratings still drive investment choices, notably because of information asymmetries and for efficiency purposes. In this context, credit rating agencies must be independent and perceived as such by market participants.
Amendment 193 #
Proposal for a regulation Recital 32 a (new) (32a) With regard to all Union law, banks and other companies that have not solicited a rating or cannot rely on traded CDSs, cannot be subject to any assessment related automatically to ratings or to CDSs. This prohibition is valid whether the assessment is carried out for regulatory purposes or for business transactions. Any assessment of the risk of those entities shall be done according to methodologies validated by competent authorities.
Amendment 222 #
Proposal for a regulation Article 1 – point 6 Regulation (EC) No 1060/2009 Article 5b – paragraph 2 a (new) EBA shall review the use of credit ratings in the weighting system for banking exposures and capital requirements regulations. During its review, EBA may consult the ESRB. Following its review, EBA shall send a report to the European Parliament and to the Council and, where appropriate, a proposal for reform. In its report, EBA shall take into account the impact of the current regime and the possible reform on the diversity of business models, corporate governance models, and the size of institutions in the European banking system.
Amendment 434 #
Proposal for a regulation Annex III – point 1 – point d – point 3 a (new) Regulation (EC) No 1060/2009 Annex III – Part III a (new) source: PE-486.062
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| 10 |
2011/0370(COD) Creative Europe Programme 2014-2020
2012/10/26
CULT
10 amendments...
Amendment 217 #
Proposal for a regulation Recital 7 a (new) (7a) The Council conclusions on mobility information services for artists and for culture professionals1 confirmed the importance of the mobility of artists and cultural professionals for the Union and for achieving its objectives within the Europe 2020 strategy, and called on the Member States and the Commission, within their respective spheres of competences and with due regard to the principle of subsidiarity, to facilitate the provision of comprehensive and accurate information to artists and cultural professionals seeking to be mobile within the Union. _____________ 1 OJ C 175, 15.6.2011, p. 5.
Amendment 402 #
Proposal for a regulation Article 8 – point b (b)
Amendment 462 #
Proposal for a regulation Article 9 – paragraph 1 – point a (a) supporting actions providing cultural and creative operators with skills, competences and know-how that contribute to strengthening the cultural and creative sectors, including encouraging
Amendment 522 #
Proposal for a regulation Article 10 – point e a (new) (ea) support for the gathering of information and data on the cultural and creative sectors and for comparable analyses of policies, evaluation criteria, measurable results, new skills, job creation, employability and economic impact. The assignment and the fee necessary to implement this activity shall be defined by the Commission in accordance with the conclusions of the feasibility study provided for in point (ca) of Article 8.
Amendment 532 #
Proposal for a regulation Article 11 – paragraph 1 – point b (b) increasing the capacity of independent audiovisual operators to develop audiovisual works with
Amendment 534 #
Proposal for a regulation Article 11 – paragraph 1 – point b (b) increasing the capacity of audiovisual operators to develop and create audiovisual works with a potential to circulate in Europe and beyond and to facilitate, in particular, European and international co-production including with TV broadcasters;
Amendment 535 #
Proposal for a regulation Article 11 – paragraph 1 – point c (c)
Amendment 575 #
Proposal for a regulation Article 12 – point h (h)
Amendment 576 #
Proposal for a regulation Article 12 – point h (h)
Amendment 579 #
Proposal for a regulation Article 12 – point i (i)
source: PE-498.014
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| 1 |
2011/0371(COD) 'Erasmus for all' - Programme for Education, Training, Youth and Sport 2014-2020
2012/11/10
CULT
1 amendments...
Amendment 570 #
Proposal for a regulation Article 10 – point c – point ii a (new) (iia) the Euro-Mediterranean University (EMUNI University).
source: PE-497.797
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| 11 |
2011/2084(INI) Online gambling in the Internal Market
2011/08/09
IMCO
11 amendments...
Amendment 36 #
Motion for a resolution Recital D D. whereas
Amendment 44 #
Motion for a resolution Recital F F. whereas
Amendment 123 #
Motion for a resolution Paragraph 5 5. Rejects, accordingly, any European legislative act uniformly regulating the entire online gambling
Amendment 182 #
Motion for a resolution Paragraph 10 10. Calls on the Commission, should no other agreement be reached, to propose a
Amendment 190 #
Motion for a resolution Paragraph 11 – point 1 (new) (1) Respects the right of the Member States to draw on repressive measures against illegal online gambling offers; supports, to increase the efficiency of the fight against illegal online gambling offers, the introduction of a regulatory principle whereby a gambling company can only operate (or bid for the required national licence) in one Member State if it does not operate in contravention of the law in any other EU Member State;
Amendment 196 #
Motion for a resolution Paragraph 12 Amendment 206 #
Motion for a resolution Paragraph 13 13. Calls therefore for cooperation between national regulatory bodies to be considerably expanded, with the Commission
Amendment 210 #
Motion for a resolution Paragraph 13 a (new) 13a. Calls on the Commission to submit a proposal for a fourth Money Laundering Directive, which would apply to all on-line gambling services;
Amendment 231 #
Motion for a resolution Paragraph 16 16.
Amendment 240 #
Motion for a resolution Paragraph 16 a (new) 16a. Stresses the importance of education in sport and calls on Member States and sports federations to ensure that rules governing sports betting are introduced and that both professional and amateur sports persons are fully apprised of those rules;
Amendment 241 #
Motion for a resolution Paragraph 16 a (new) 16a. Notes that several European countries already adopted strict legislation against money laundering through sport betting, sport fraud (classifying it as a specific and criminal offence) and conflicts of interests between betting operators and sport clubs, teams or active athletes;
source: PE-469.976
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| 8 |
2011/2178(INI) Competitive digital single market - eGovernment as a spearhead
2011/03/11
IMCO
8 amendments...
Amendment 2 #
Draft opinion Paragraph 1 a (new) 1a. Stress that the eGovernment Action Plan 2011-2015 represents a unique opportunity to modernise, and reduce the cost of European and national public administrations, enabling them to fully exploit the potential of further European integration and foster growth, innovation, mobility for citizens and professional, opportunities for business, especially SMEs and public participation in policies definitions;
Amendment 4 #
Draft opinion Paragraph 1 a (new) 1a. Stresses that, in the wake of the Digital Single Market, the Union must fully realise the potential of new technological developments, ICT and internet to be of great benefit to European citizens, consumers, local realities and SMEs in developing less costly, more expedient and transparent systems of eGovernments and eAdministrations in Europe;
Amendment 7 #
Draft opinion Paragraph 1 b (new) 1b. Stresses the link between the objectives of the eGovernment Action Plan and the effective implementation the EU Digital Agenda; underlines that eGovernment needs technical preconditions in terms of interoperability across borders, open specifications, sharing of information (and use of key enablers such as electronic identity management and payments schemes);
Amendment 12 #
Draft opinion Paragraph 2 2. Stresses the need to facilitate mobility within the single market
Amendment 18 #
Draft opinion Paragraph 4 4. Stresses that, in developing infrastructures and services under the eGovernment Action Plan, optimum levels and rules of protection for personal data must be ensured and implemented in a uniform way among the Member States in order to prevent any unauthorised tracking of personal information such as medical status or health records and to guarantee that the data is reserved solely for legitimate purposes, as for example the fight against tax evasion, and that the exchange of information collected does not go beyond what is strictly necessary;
Amendment 24 #
Draft opinion Paragraph 6 a (new) 6a. Recalls the importance of adopting adequate legislative measures for e- signatures and e-authentication, as necessary measures to ensure a safe, efficient and inter-connected European eProcurement market boosting competitiveness, innovation and adequate participation of SMEs;
Amendment 29 #
Draft opinion Paragraph 7 a (new) 7a. Considers that eGovernment should aim at enhancing democratic participation through transparent public consultation and involvement in the policy making process - addressing all citizens as well as relevant stakeholders (and local realities);
Amendment 31 #
Draft opinion Paragraph 7 b (new) 7b. Calls on the Commission and Member States to develop and put in place specific ICT tools to facilitate e-Participation - such as common schemes of ePetitioning - with the objective to give the EU citizens and representative associations the concrete possibility to use the right for the citizens’ initiative as stated in Article 11 of the TEU;
source: PE-475.803
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| 2 |
2011/2294(INI) Modernising Europe's higher education systems
2012/02/02
CULT
2 amendments...
Amendment 120 #
Motion for a resolution Paragraph 13 a (new) 13a. Urges all EU countries to implement the national qualification frameworks linked to the Qualifications Framework of the EHEA and to develop and financially support mutual recognition;
Amendment 121 #
Motion for a resolution Paragraph 13 a (new) 13a. Stresses that greater coordination among Member States in the field of higher education - also through a strong financial and political support for agreements on common core curricula and well defined learning outcomes - is a precondition for the achievement of the goals of employability and growth in Europe;
source: PE-480.629
|
| 4 |
2012/0022(APP) Statute for a European Foundation (FE)
2013/03/28
CULT
4 amendments...
Amendment 19 #
Draft opinion Recommendation ii a (new) (iia) Emphasises that FE should contribute to the development of a truly European culture and identity;
Amendment 23 #
Draft opinion Recommendation iv (iv) Welcomes the fact that the Statute lays down
Amendment 43 #
Draft opinion Recommendation v – indent 3 – rules on employee participation should not be extended to volunteers; FE should, however, encourage volunteering as a guiding principle;
Amendment 51 #
Draft opinion Recommendation v a (new) (va) Notes, however, that the internal organisation of the FE should be consistent with the principle of social diversity;
source: PE-507.992
|
| 32 |
2012/0150(COD) Credit institutions and investment firms: framework for recovery and resolution
2012/12/20
ECON
28 amendments...
Amendment 216 #
Proposal for a directive Recital 44 a (new) (44a) Member States shall consider that the bail-in tool is not adequate for all legal forms of institutions to the same degree. This should be under consideration when applying the bail-in tool.
Amendment 320 #
Proposal for a directive Article 3 – paragraph 3 3. Resolution authorities may be the competent authorities for supervision for the purposes of Directives 2006/48/EC and 2006/49/EC, central banks, competent ministries or other public administrative authorities, provided that Member States adopt
Amendment 330 #
Proposal for a directive Article 3 – paragraph 5 5. Where the designated authority in accordance with paragraph 1 is not the competent ministry in a Member State,
Amendment 361 #
Proposal for a directive Article 4 – paragraph 1 – point a a (new) (aa) the requirement to draft recovery and resolution plans under articles 5 and 9 and the assessment of resolvability under Article 13.
Amendment 391 #
Proposal for a directive Article 5 – paragraph 1 1. Member States shall ensure that each institution that is not part of a group subject to consolidated supervision pursuant to Article 3, Articles 125 and 126 of Directive 2006/48/EC or part of a cooperative solidarity system according to Article 80 (8) of Directive 2006/48/EC draws up and maintains a recovery plan providing, through measures taken by the management of the institution or by a group entity, for the restoration of its financial situation following significant deterioration. Recovery plans shall be considered as a governance arrangement within the meaning of Article 22 of Directive 2006/48/EC.
Amendment 460 #
Proposal for a directive Article 7 – paragraph 1 1. Member States shall ensure that parent undertakings or institutions that are subject to consolidated supervision pursuant to Articles 3, 125 and 126 of Directive 2006/48/EC, or by a cooperative solidarity system according to Articles 3 and 80 (8) of Directive 2006/48/EC draw up and submit to the consolidating supervisor a group recovery plan that includes a recovery plan for the whole group, including for the companies referred to in points (c) and (d) of Article 1, as well as a recovery plan for each institution that is part of the group.
Amendment 475 #
Proposal for a directive Article 7 – paragraph 3 – subparagraph 2 The group recovery plan shall include arrangements to ensure the coordination and consistency of measures to be taken at the level of the parent undertaking or relevant institution subject to consolidated supervision, and at the level of the companies referred to in points (c) and (d) of Article 1
Amendment 482 #
Proposal for a directive Article 7 – paragraph 4 4. The group recovery plan shall include for the whole group
Amendment 745 #
Proposal for a directive Article 16 – paragraph 6 a (new) 6a. The large exposure limits provided in article 384 of EU Regulation of the European Parliament and of the Council on prudential requirements for credit institutions and investment firms do not apply to intra-group financial support transactions that are put in place in accordance with the provisions of this Chapter. Member States shall remove any legal and practical impediment to the performance of such transactions.
Amendment 761 #
Proposal for a directive Article 17 – paragraph 6 a (new) 6a. Member States shall remove any legal and practical impediment to intra-group financial support transactions that are put in place in accordance with the provisions of this Chapter.
Amendment 796 #
Proposal for a directive Article 21 – paragraph 5 a (new) 5a. Member States shall ensure that rules under their insolvency regimes or special resolution regimes do not hinder the legal certainty and enforceability of intra-group transactions approved and put in place in accordance with the provisions of this Chapter.
Amendment 810 #
Proposal for a directive Article 23 – paragraph 1 – introductory part 1. Where an institution does not meet
Amendment 815 #
Proposal for a directive Article 23 – paragraph 1 – point a a (new) (aa) require recapitalization; (ab) suspend dividends distribution; (ac) restrict assets growth; (ad) dispose of assets; (ae) impose reorganization measures; (af) impose liquidation when the institution fails to restore adequate capitalization;
Amendment 833 #
Proposal for a directive Article 23 – paragraph 1 – subparagraph 1 a (new) Member States must endow national resolution authorities with the same administrative resolution powers.
Amendment 849 #
Proposal for a directive Article 24 – paragraph 1 1. Where there is a significant deterioration in the financial situation of an institution or where there are serious violations of law, regulations or bylaws or serious administrative irregularities, and other measures
Amendment 852 #
Proposal for a directive Article 24 – paragraph 1 a (new) 1a. The functions of the general meeting shall be suspended by effect of the appointment of a special manager except as provided for in paragraph 3 of this Article.
Amendment 854 #
Proposal for a directive Article 24 – paragraph 2 2. The special manager shall have all the powers of the management of the institution under the statutes of the institution and under national law, including the power to exercise all the administrative functions of the management of the institution. However, the special manager may
Amendment 912 #
Proposal for a directive Article 27 – paragraph 1 – point c a (new) (ca) Resolution authorities shall also take resolution actions if the authorisation has been withdrawn according to Article 18 of the Directive (CRD IV) and a resolution action is necessary in the public interest pursuant to paragraph 2.
Amendment 1025 #
Proposal for a directive Article 34 – paragraph 2 – subparagraph 1 Except where the bail-in tool is applied for the purpose specified in point (b) of Article 37(2), for the purposes of the bridge institution tool a bridge institution shall be a legal entity that is
Amendment 1034 #
Proposal for a directive Article 34 – paragraph 9 a (new) 9 a. By way of derogation to paragraph 1(c) and (d), the resolution authority may allow the bridge institution to operate temporarily without complying with the requirements of Directives 2006/48/EC, 2006/49/EC and 2004/39/EC. In these cases, the ability of the bridge institution to expand activities and the operational structure shall be duly limited to avoid that the derogation results in a competitive advantage. EBA shall develop draft regulatory technical standards to specify cases and conditions of the derogation provided for in paragraph 10. EBA shall submit those draft regulatory technical standards to the Commission within twelve months from the date of entry into force of this Directive. Power is delegated to the Commission to adopt the regulatory technical standards referred to in points (a) and (b) of the first subparagraph in accordance with Articles 10 to 14 of Regulation (EU) No 1093/2010."
Amendment 1041 #
Proposal for a directive Article 35 – paragraph 1 – point d a (new) (d a) The bridge institution must not operate in such a way as to distort competition. When establishing a bridge institution, Member States may specify restrictions on its operation in terms of: (i) market share in certain products; (ii) advertising; (iii) rates, fees and terms of business.
Amendment 1049 #
Proposal for a directive Article 36 – paragraph 2 2. For the purposes of the asset separation tool, an asset management vehicle shall be a legal entity that is
Amendment 1360 #
Proposal for a directive Article 76 – paragraph 2 a (new) 2 a. The resolution authority shall be the single entry point for the information mentioned in the first subparagraph and shall be bound by a strict confidentiality agreement. The resolution authority shall then be responsible for ensuring that confidentiality requirements are respected.
Amendment 1441 #
Proposal for a directive Article 92 – paragraph 1 – subparagraph 1 – point a (a) to guarantee the assets
Amendment 1442 #
Proposal for a directive Article 92 – paragraph 1 – subparagraph 1 – point d (d) to make contributions and provide capital to a bridge institution and an asset management vehicle;
Amendment 1445 #
Proposal for a directive Article 92 – paragraph 1 – subparagraph 1 – point e a (new) (e a) pay any compensation due to shareholders and creditors according to Article 67 of this Directive.
Amendment 1500 #
Proposal for a directive Article 94 – paragraph 7 – point a a (new) (a a) the existence of a risk mitigating cooperative solidarity system, which ensures the prevention of resolution events by reporting requirements and early interventions in the sense of the DGS Directive;
Amendment 1635 #
Proposal for a directive Article 100 – paragraph 1 a (new) 1 a. EBA shall periodically report to the Commission whether there are injustified divergences regarding the implementation at national level of that requirement referred to in paragraph 1.
source: PE-502.084
2013/11/01
ECON
4 amendments...
Amendment 391 #
Proposal for a directive Article 5 – paragraph 1 1. Member States shall ensure that each institution that is not part of a group subject to consolidated supervision pursuant to Article 3, Articles 125 and 126 of Directive 2006/48/EC or part of a cooperative solidarity system according to Article 80 (8) of Directive 2006/48/EC draws up and maintains a recovery plan providing, through measures taken by the management of the institution or by a group entity, for the restoration of its financial situation following significant deterioration. Recovery plans shall be considered as a governance arrangement within the meaning of Article 22 of Directive 2006/48/EC.
Amendment 460 #
Proposal for a directive Article 7 – paragraph 1 1. Member States shall ensure that parent undertakings or institutions that are subject to consolidated supervision pursuant to Articles 3, 125 and 126 of Directive 2006/48/EC, or by a cooperative solidarity system according to Articles 3 and 80 (8) of Directive 2006/48/EC draw up and submit to the consolidating supervisor a group recovery plan that includes a recovery plan for the whole group, including for the companies referred to in points (c) and (d) of Article 1, as well as a recovery plan for each institution that is part of the group.
Amendment 475 #
Proposal for a directive Article 7 – paragraph 3 – subparagraph 2 The group recovery plan shall include arrangements to ensure the coordination and consistency of measures to be taken at the level of the parent undertaking or relevant institution subject to consolidated supervision, and at the level of the companies referred to in points (c) and (d) of Article 1
Amendment 482 #
Proposal for a directive Article 7 – paragraph 4 4. The group recovery plan shall include for the whole group
source: PE-502.084
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| 21 |
2012/0242(CNS) Prudential supervision of credit institutions: conferral of specific tasks on the European Central Bank (ECB)
2012/10/30
ECON
21 amendments...
Amendment 427 #
Proposal for a regulation Article 2 – paragraph 1 – point 6 a (new) (6a) "Single Supervisory Mechanism (SSM)" means a European federal system of financial supervision composed by the European Central Bank and national competent authorities.
Amendment 449 #
Proposal for a regulation Article 4 – paragraph 1 – introductory part 1. The
Amendment 488 #
Proposal for a regulation Article 4 – paragraph 1 – point i (i) To carry out supervision on a consolidated basis over credit institutions' parents established in one of the participating Member States, including over financial holding companies and mixed financial holding companies, and to participate in supervision on a consolidated basis, including in colleges of supervisors, in relation to parents not established in one of the participating Member State; national competent authorities will participate in colleges of supervisors under the lead of the ECB;
Amendment 539 #
Proposal for a regulation Article 5 – title Amendment 547 #
Proposal for a regulation Article 5 – paragraph 1 1. The ECB shall carry out its tasks within
Amendment 561 #
Proposal for a regulation Article 5 – paragraph 2 2. National competent authorities shall
Amendment 571 #
Proposal for a regulation Article 5 – paragraph 3 3. The
Amendment 585 #
Proposal for a regulation Article 5 – paragraph 4 Amendment 762 #
CHAPTER IIIa BOARD OF APPEAL WITHIN THE ECB Article 15 a Composition and operation 1. The Board of Appeal shall be composed of six members and six alternates who shall be individuals of a high repute with a proven record of relevant knowledge and professional experience, including supervisory experience, to a sufficiently high level in the fields of banking or other financial services, excluding current staff of the ECB, or other national or Union institutions and authorities involved in the activities of the SSM. The Board of Appeal shall have sufficient legal expertise to provide expert legal advice on the legality of the ECB's exercise of its powers. The Board of Appeal shall designate its President. 2. The members of the Board of Appeal shall be appointed by the Supervisory Board of the ECB from a short-list proposed by the Commission, following a public call for expressions of interest published in the Official Journal of the European Union, and after consultation of the Board of Supervisors of the EBA. 3. The term of office of the members of the Board of Appeal shall be 5 years. That term may be extended once. 4. A member of the Board of Appeal shall not be removed during his term of office, unless he has been found guilty of serious misconduct and the Supervisory Board takes a decision to remove the member. 5. The decisions of the Board of Appeal shall be adopted on the basis of a majority of at least four of its six members. 6. The Board of Appeal shall be convened by its President when necessary. 7. The ECB shall ensure adequate operational and secretarial support for the Board of Appeal.
Amendment 766 #
Proposal for a regulation Article 15 b (new) Article 15b Independence and impartiality 1. The members of the Board of Appeal shall be independent in making their decisions. They shall not be bound by any instructions. They shall not perform any other activities in relation to the SSM. 2. Members of the Board of Appeal shall not take part in any appeal proceedings in which they have any personal interest, if they have previously been involved as representatives of one of the parties to the proceedings, or if they have participated in the decision under appeal. 3. If, for one of the reasons referred to in paragraphs 1 and 2 or for any other reason, a member of a Board of Appeal considers that another member should not take part in any appeal proceedings, he shall inform the Board of Appeal accordingly. 4. Any party to the appeal proceedings may object to the participation of a member of the Board of Appeal on any of the grounds referred to in paragraphs 1 and 2, or if suspected of bias. No objection may be based on the nationality of members nor shall it be admissible if, while being aware of a reason for objecting, the party to the appeal proceedings has nonetheless taken a procedural step other than objecting to the composition of the Board of Appeal. 5. The Board of Appeal shall decide on the action to be taken in the cases specified in paragraphs 1 and 2 without the participation of the member concerned. For the purpose of taking that decision, the member concerned shall be replaced on the Board of Appeal by his alternate. Where the alternate is in a similar situation, the Chairperson shall designate a replacement from among the available alternates. 6. The members of the Board of Appeal shall undertake to act independently and in the public interest. For that purpose, they shall make a declaration of commitments and a declaration of interests indicating either the absence of any interest which may be considered prejudicial to their independence or any direct or indirect interest which might be considered prejudicial to their independence. Those declarations shall be made public, annually and in writing.
Amendment 767 #
Proposal for a regulation Article 15 c (new) Amendment 768 #
Proposal for a regulation Article 15 d (new) Article 15d Actions before the Court of Justice of the European Union 1. Proceedings may be brought before the Court of Justice of the European Union, in accordance with Article 263 TFEU, contesting a decision taken by the Board of Appeal or, in cases where there is no right of appeal before the Board of Appeal, by the ECB within the SSM. 2. Member States and the Union institutions, as well as any natural or legal person, may institute proceedings before the Court of Justice of the European Union against decisions of the ECB, in accordance with Article 263 TFEU. 3. In the event that the ECB within the SSM has an obligation to act and fails to take a decision, proceedings for failure to act may be brought before the Court of Justice of the European Union in accordance with Article 265 TFEU. 4. The ECB shall be required to take the necessary measures to comply with the judgment of the Court of Justice of the European Union.
Amendment 777 #
Proposal for a regulation Article 16 – paragraph 2 a (new) 2a. The ECB shall allow EU citizens to monitor the independence of policy- making and supervisory functions from private interests by participating in the inter-institutional Transparency Register, together with the European Parliament and Commission.
Amendment 805 #
Proposal for a regulation Article 19 – paragraph 1 1. The planning and execution of the tasks conferred upon the ECB, shall be undertaken by an internal body composed of four representatives of the ECB appointed by the Executive Board of the ECB after approval by the European Parliament and one representative of the national authority competent for the supervision of credit institutions in each participating Member State (hereinafter ‘supervisory board’).
Amendment 816 #
Proposal for a regulation Article 19 – paragraph 1 a (new) 1 a. The Executive Board of the ECB shall submit to the European Parliament a short list of candidates to the Supervisory Council composed of an equal number of men and women.
Amendment 823 #
Proposal for a regulation Article 19 – paragraph 2 2. In addition, the supervisory board shall include a Chair elected by the members of the Governing Council from the members, with the exception of the President, of the Executive Board, and a Vice-Chair elected by and from the members of the Governing Council of the ECB. The European Parliament shall approve the election of the Chair and the Vice-Chair.
Amendment 831 #
Proposal for a regulation Article 19 – paragraph 2 a (new) 2a. Gender balance shall be taken into consideration for the election of the Chair and the Vice-Chair.
Amendment 929 #
Proposal for a regulation Article 25 – paragraph 2 a (new) 2a. The ECB shall create a standing ethics committee to assess possible conflicts of interest resulting from post- office employment of ECB staff members engaged in supervisory activities. The committee will be responsible for elaborating comprehensive and formal procedures for assessment. The results of such assessments shall be publicly disclosed.
Amendment 930 #
Proposal for a regulation Article 25 – paragraph 2 b (new) 2b. Former ECB staff members who have been engaged in supervisory activities, and who intend to engage in an occupation during the two years after they have ceased to hold office, shall inform the ethics committee in good time. The committee shall make a decision by one month since receiving the information on the compatibility of the employment offer with the need to ensure the integrity and independence of staff. Former ECB staff members can engage in the occupation only after approval of the ethics committee.
Amendment 931 #
Proposal for a regulation Article 25 – paragraph 2 c (new) 2c. Members of the supervisory board shall be prohibited from taking paid work in private sector institutions for which the ECB has supervisory responsibility during the two years after they have ceased to hold office.
source: PE-498.139
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| 1 |
2012/0299(COD) Équilibre hommes-femmes parmi les administrateurs non exécutifs des sociétés cotées en bourse
2013/05/13
ECON
1 amendments...
Amendment 217 #
Proposal for a directive Article 5 – paragraph 3 a (new) 3a. Member States may provide that the objective laid down in Article 4 (1) is met where listed companies can show that members of the under-represented sex hold at least one third of all director positions, irrespective of whether they are executive or non executive.
source: PE-510.634
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| 4 |
2012/2068(INI) Protecting children in the digital world
2012/10/05
CULT
4 amendments...
Amendment 93 #
Motion for a resolution Paragraph 5 5. Reiterates the importance of the digital and media literacy and skills of minors being considered as a priority in the Union’s social policy and as a crucial component of the Europe 2020 Strategy;
Amendment 102 #
Motion for a resolution Paragraph 6 bis (new) 6a. Encourages Member States to support schools in developing the ability among children to test and produce quality online and offline products and services;
Amendment 105 #
Motion for a resolution Paragraph 7 7. Encourages the Commission to support the access of minors to safe and high quality digital content in existing and new programmes and services in the digitial world, dedicated to young people
Amendment 175 #
Motion for a resolution Paragraph 22 22. Underlines that digital citizenship is an essential element in European citizenship, in order to
source: PE-489.363
|
| 1 |
2012/2151(INI) Towards a genuine Economic and Monetary Union
2012/02/10
ECON
1 amendments...
Amendment 748 #
Motion for a resolution Annex – part 1 – point 1.3 – paragraph 6 a (new) The ESM should recapitalise banks directly as soon as regulation on the SSM has been approved.
source: PE-496.553
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Gianni PITTELLA on
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Term 7 14.07.2009 / ...
Term 6 20.07.2004 - 13.07.2009
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(these mark the time of scraping, not the official date of the change)
| active | changed |
Old
New
True |