BETA

4 Amendments of Alfred SANT related to 2018/2100(INI)

Amendment 31 #
Motion for a resolution
Recital C a (new)
Ca. whereas further efforts are needed to complete the Banking Union, as it remains incomplete as long as it lacks a fiscal backstop for the SRF and a third pillar, a European Deposit Insurance scheme;
2018/10/25
Committee: ECON
Amendment 84 #
Motion for a resolution
Paragraph 8
8. Highlights that sovereign debt is not risk-free; takes note of the on-going work of the Basel Committee on Banking Supervision (BCBS) on sovereign risk; is concerned by the fact that some financial institutions are heavily invested in their own sovereign debt; calls on the Commission to assess whether to introduce risk weighting on sovereign bonds or exposure limits in the EU;
2018/10/25
Committee: ECON
Amendment 172 #
Motion for a resolution
Paragraph 22 a (new)
22a. Welcomes the progress made in developing minimum requirement for own funds and eligible liabilities (MREL) targets in the framework of institution- specific resolution strategies; underlines that MREL should be mindful of institutions’ business models, as in many countries there are banks that are predominantly funded via deposits of retail and SME customers and that are not active on capital markets; notes that for these institutions the issuance of eligible liabilities could be a burdensome exercise and that MREL compliance can be mostly reached via a strengthening of equity, which requires time; stresses that MREL targets should be realistic and proportionate to the different banking business models in the EU Member States;
2018/10/25
Committee: ECON
Amendment 178 #
Motion for a resolution
Paragraph 23
23. TConsiders that risk reduction and risk sharing measures should go in parallel in view of the establishment of an EDIS; takes note of the agreement reached at the Euro Summit meeting of 29 June 2018 on the European Deposit Insurance Scheme (EDIS); underlines the necessity of EDIS as the third pillar of the Banking Union; believes it should be fully implemented once significant risk reduction has taken place;urges all negotiators to work towards the establishment of the European Deposit Insurance Scheme.
2018/10/25
Committee: ECON