Activities of Csaba MOLNÁR related to 2019/2092(DEC)
Shadow opinions (1)
OPINION on discharge in respect of the implementation of the budget of the European Securities and Markets Authority for the financial year 2018
Amendments (8)
Amendment 2 #
Draft opinion
Paragraph 1 a (new)
Paragraph 1 a (new)
1 a. Emphasises that the Authority’s role in promoting a common supervisory and regulatory regime across the European financial system is essential in order to ensure financial stability, a better integrated, more efficient and safer financial market, as well as a high degree of consumer protection in the Union by promoting fairness and transparency on the product and financial services market;
Amendment 3 #
Draft opinion
Paragraph 1 b (new)
Paragraph 1 b (new)
1 b. Underlines the responsibility of the financial system in meeting sustainability challenges and ensuring that the Union meets its obligations under the Paris Agreement under the United Nations Framework Convention on Climate Change; highlights the crucial role of the Authority in integrating environmental, social and governance related factors into the regulatory and supervisory framework and in mobilising and guiding private capital flows towards sustainable investments; therefore stresses the need for sufficient resources to monitor the implementation of that framework by financial institution and national competent authorities;
Amendment 4 #
Draft opinion
Paragraph 1 c (new)
Paragraph 1 c (new)
1 c. Underlines that the Authority, when carrying out its activities, needs to pay particular attention to ensuring compatibility with Union law, to respecting the principle of proportionality and to complying with the fundamental principles of the internal market;
Amendment 5 #
Draft opinion
Paragraph 1 d (new)
Paragraph 1 d (new)
1 d. Stresses the need to allocate adequate funding and resources to the Authority in order to be able to fulfil its mandate consistently, independently and efficiently;
Amendment 6 #
Draft opinion
Paragraph 1 e (new)
Paragraph 1 e (new)
1 e. Underlines the importance of an open, efficient and independent administration for all Union agencies and the Union as a whole; recalls the problem of conflict of interest arising from ‘revolving door’ situations and stresses the need for a unified legal framework to address these issues;
Amendment 12 #
Draft opinion
Paragraph 3 a (new)
Paragraph 3 a (new)
Amendment 19 #
Draft opinion
Paragraph 5
Paragraph 5
5. Recalls that 100 % of the budgetary surplus has been allocated to the Commission whereas Member States consider that their contribution share should be refunded to them; calls on the Commission to resolve that issuefind a balanced solution;
Amendment 23 #
6 a. Welcomes the Authority’s Report of July 2019 on Preliminary findings on multiple withholding tax reclaim schemes to respond to the European Parliament Resolution 2018/2900 (RSP) of 29 November 2018, whereby the European Parliament requested ESMA to conduct an inquiry into schemes such as Cum/Ex and Cum/Cum; welcomes further that the Authority’s Board of Supervisors has approved the launch of a formal inquiry under Article 22(4) of the ESMA Regulation;