Activities of Mady DELVAUX related to 2015/2060(INI)
Plenary speeches (1)
The EU role in the framework of international financial, monetary and regulatory institutions and bodies (short presentation) FR
Shadow reports (1)
REPORT on the EU role in the framework of international financial, monetary and regulatory institutions and bodies PDF (348 KB) DOC (148 KB)
Amendments (13)
Amendment 3 #
Motion for a resolution
Citation 9 a (new)
Citation 9 a (new)
Amendment 56 #
Motion for a resolution
Paragraph 4 – point a (new)
Paragraph 4 – point a (new)
(a) Considers that, as well as geographical disparity in representation, there are also certain sectors - notably civil society, consumer representatives and employee representatives - who are underrepresented in international discussions regarding financial, monetary and regulatory bodies; calls on the Commission to act to redress this balance as well;
Amendment 74 #
Motion for a resolution
Paragraph 6 – point a (new)
Paragraph 6 – point a (new)
(a) Considers that if the Union is not able to speak through ‘one mouth’, it should at least speak with ‘one voice’ in international organisations;
Amendment 93 #
Motion for a resolution
Paragraph 9 – indent 1
Paragraph 9 – indent 1
- Calls on the Commission to draw on existing best practices at European and national levels to draft a European code of conduct on transparency and accountability designed to guide the action of European representatives in international organisations; requests that the European Parliament should be closely associated in the drafting process;
Amendment 102 #
Motion for a resolution
Paragraph 9 – indent 2
Paragraph 9 – indent 2
- Recommends, on the basis of the code, working towards global standards of transparency and accountability, regarding the statute, financing and operation of those organisations (including their rela, their interactions with the sector concernedauthorities, stakeholders and the public, their communication and access to their documents) as well as their dialogue with the authorities;
Amendment 108 #
Motion for a resolution
Paragraph 9 – indent 2 a (new)
Paragraph 9 – indent 2 a (new)
- Requests that the transparency of international organisations is strengthened, notably by setting up mandatory transparency registers to monitor exchanges with stakeholders and civil society;
Amendment 110 #
Motion for a resolution
Paragraph 9 – indent 2 b (new)
Paragraph 9 – indent 2 b (new)
- Recommends that the dialogue between international organisations and stakeholders needs to be diversified, notably by fostering the dialogue with the civil society and NGOs such as consumer organisations;
Amendment 111 #
Motion for a resolution
Paragraph 9 – indent 2 c (new)
Paragraph 9 – indent 2 c (new)
- Calls on the Commission to set up or support an NGO with adequate technical expertise and financial means to strengthen the voice of civil society in herein mentioned organisations and to counter-balance one-sided influence by the private sector; endorses the creation of ‘Finance Watch’ as best practice;
Amendment 112 #
Motion for a resolution
Paragraph 9 – indent 2 d (new)
Paragraph 9 – indent 2 d (new)
- Calls on the European institutions and agencies as well as Member States to promote accountability of each and every international organisation towards democratically elected bodies;
Amendment 113 #
Motion for a resolution
Paragraph 9 – indent 2 e (new)
Paragraph 9 – indent 2 e (new)
- Calls on the Commission to perform an impact assessment in the next 3 years determining if private organisations act in the public interest;
Amendment 120 #
Motion for a resolution
Paragraph 9 – indent 3
Paragraph 9 – indent 3
- Calls for a formalised and regular ‘financial dialogue’ to be organised in - and with - the European Parliament for the purpose of establishing guidelines regarding the adoption of European positions in the run- up to major international negotiations, making sure that these positions are known and ensuring follow-up; the European institutions, the Member States and, where appropriate, the heads of the international organisations concerned would be invited to attend; the nature (public or in camera) and frequency of this dialogue would depend on practical requirements;
Amendment 145 #
Motion for a resolution
Paragraph 9 – indent 6
Paragraph 9 – indent 6
- Urges the Commission to use its right of initiative to propose, in accordance with Article 138(2) TFEU and the undertakings given by its President to the European Parliament in 2014, appropriate measures to ensure unified representation of the Union within international financial instituorganisations and conferences; considers it imperative to progress towards single representation of the euro area within the IMF, the first step being to group member countries within specific constituencies and then within a single constituency, without prejudice to the creation of a single European Union constituency in the long term; considers that both the ECB, on monetary issues, and the Euro Group, on fiscal matters, shall hold this role; points out that, under Protocol N° 14 of the Treaty, closer coordination between Member States is the responsibility of the Euro Group; advocates that eventually a Euro finance minister, member of the European Commission and accountable to the European Parliament, should take on the role of the Euro Group;
Amendment 171 #
Motion for a resolution
Paragraph 9 – indent 8
Paragraph 9 – indent 8
- Calls on the EU institutions and Member States to reflect on the practicalities of creating a global financial organisation with wide-ranging powers of coordination, recommendation, arbitration and, where appropriate, penalisation through independent panels; highlights that powers of arbitration should not be delegated to private arbitrage such as ISDS; claims that the aim of this organisation should be to coordinate work and objectives of international organisations mentioned in this report in order to generate global consistency and to create a real level- playing field for all market actors and consumers; stresses that this organisation, as with all such national and international organisations, should be subject to the highest standards of transparency and accountability;