1 Amendments of Costas MAVRIDES related to 2014/0807(CNS)
Amendment 11 #
Draft regulation
Recital 6 a (new)
Recital 6 a (new)
(6a) Article 1 of Regulation (EU) No 1024/2013 stresses that the ECB shall act with full regard and duty of care for the unity and integrity of the internal market based on equal treatment of credit institutions with a view to preventing regulatory arbitrage or comparative advantage that promotes unfair competition and that no action, proposal or policy of the ECB shall, directly or indirectly, discriminate against any Member State or group of Members States as a venue for the provision of banking or financial services in any currency.