8 Amendments of Philippe DE BACKER related to 2015/2221(INI)
Amendment 65 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Welcomes the establishment of the SSM, which has been successful since its creation both from an operational point of view and in terms of supervisory quality, and considers it a remarkable achievement, taking into account the complexity of the project and the very short time frame available; calls for this high-quality work to continue;
Amendment 140 #
Motion for a resolution
Paragraph 11
Paragraph 11
11. Believes that the worldwide drive towards more and better quality bank capital is a necessary condition for a sound banking system capable of supporting the economy and for avoiding any repeat of the enormoussignificant bailouts witnessed during the crisis; underlines however that the development of regulatory, supervisory and other financial sector policies at global level (FSB, BCBS, etc.) must have defined aims, and must not be used as a guise to enable unfair competition, nor to negatively target a particular funding model used in one part of the world;
Amendment 163 #
Motion for a resolution
Paragraph 14
Paragraph 14
14. Welcomes the development of a common methodology for the 2015 round of the Supervisory Review and Evaluation Process (SREP); takes note that, partly as a consequence of the swift start of the SSM, many aspects of this methodology were finalised while the SREP cycle was already underway, and considers that in order to improve robustness of results and consistency between banks’ risk profiles and capital levels, the process leading to the approval of the common risk assessment may benefit from further refinement; welcomes the SSM's willingness to work on banks' governance and in particular on risk management, risk appetite and cyber risk;
Amendment 169 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Believes that the homogenisation of supervisory practices and standards within the euro area is a key objective for the SSM in order to ensure a true level playing field; in this respect, welcomes the agreement on a single implementation of national options and discretion for the euro area; considers that such a single implementation requires a gradual approach and should aim to address all existing barriers and segmentations; stands ready to cooperate at the legislative level to further improve regulatory and supervisory harmonisation; urges the Commission to use regulations, applicable directly and to all throughout the EU, as the legislative tool to ensure harmonised implementation across the EU and the Banking Union rather than directives;
Amendment 214 #
Motion for a resolution
Paragraph 24
Paragraph 24
24. Welcomes the efficient and open way in which the ECB has so far fulfilled its accountability obligations towards Parliament and calls upon the ECB to continue to fully engage in this regard and to further contribute to improving Parliament’s capacity to assess SSM policies and activities; views favourably the willingness of the ECB President to further cooperate with the European Parliament regarding the ECB's role in banking matters in the framework of global standards setting bodies, in particular the Financial Stability Board; is aware that this would require a renewed effort from the ECON committee to follow these issues;
Amendment 223 #
Motion for a resolution
Paragraph 25 a (new)
Paragraph 25 a (new)
25a. Welcomes the credibility of the SSM on the international stage; considers it fundamental that the SSM is properly involved in the design of global regulatory standards, in particular the orientations negotiated within the Financial Stability Board and the Basel Committee on Banking Supervision;
Amendment 344 #
Motion for a resolution
Paragraph 40
Paragraph 40
40. Welcomes the Commission’s announcement regarding the presentation of a legislative proposal for the first steps towards a European Deposit Insurance Scheme (EDIS) by establishing a reinsurance mechanism at EU level for the national deposit guarantee schemes, considers it vital to agree on a scheme that would not create any distortion between the different banking models; in parallel it is essential to work to reduce risks, including those linked to sovereign debt and banks' governance;
Amendment 355 #
Motion for a resolution
Paragraph 40 a (new)
Paragraph 40 a (new)
40a. Recalls that the role of the Commission is to guarantee a level playing field across the European Union and that it should avoid any fragmentation within the internal market;