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2 Amendments of Andreas SCHWAB related to 2018/2056(INI)

Amendment 41 #
Motion for a resolution
Paragraph 4
4. Points out that the introduction of the mandatory publication of information in specific databases and registries concerning payment behaviour can discourage late payment and help businesses choose reliable commercial partners; considers that the ‘name and shame’ factor and public access to information can be an incentive for companies to improve their payment practices and uphold their monetary obligations;deleted
2018/10/17
Committee: IMCO
Amendment 62 #
Motion for a resolution
Paragraph 8
8. Calls on the Member States to enforce their national legislation and to encourage and improve stricter controls, in particular among large companies, and the use of administrative sanctions (reinforced through a ‘name and shame’ provision that generates peer pressure), thus contributing to the improvement of payment behaviour; maintains that direct intervention from the public authorities, since it is they who enforce administrative sanctions, could help to overcome the ‘fear factor’ and relieve creditors of the responsibility to take action against debtors, as the authorities would directly enforce the law and take discretionary action against enterprises engaged in bad payment practices; believes that the value of sanctions and their cumulative nature could deter companies from paying late, while public access to information (publication of sanctions) could directly harm the company’s image;
2018/10/17
Committee: IMCO