13 Amendments of Maria GRAPINI related to 2016/0276(COD)
Amendment 28 #
Proposal for a regulation
Recital 2 a (new)
Recital 2 a (new)
(2a) Efforts are needed to increase investments by ensuring greater transparency and better media coverage, by providing technical assistance at any stage of the project and encouraging the smarter use of financial resources.
Amendment 32 #
Proposal for a regulation
Recital 7
Recital 7
(7) For the period after 2020, the Commission intends to put forward the necessary proposals to ensure that strategic investment will continue at a sustainable level, which should take account of the economic, social and environmental impact thereof.
Amendment 50 #
Proposal for a regulation
Recital 11
Recital 11
(11) In order to reinforce the take-up of the EFSI in less-developed and transition regions, the scope of the general objectives eligible for EFSI support should be enlarged, while at the same time selection criteria should be established in line with the development targets proposed for these regions.
Amendment 52 #
Proposal for a regulation
Recital 11 a (new)
Recital 11 a (new)
(11a) To increase EFSI take-up in less developed regions, it will be necessary to provide wider media coverage on means of accessing available funding, secure EIB regional or local assistance for project development and implementation and encourage public-private partnerships on a wider basis.
Amendment 56 #
Proposal for a regulation
Recital 16
Recital 16
(16) In line with the exceptional market demand for SME financing under the EFSI which is expected to continue, the EFSI SME Window should be enhanced, while avoiding geographical imbalances with regard to funding requirements. Particular attention should be paid to social enterprises, including through the development and deployment of new instruments.
Amendment 62 #
Proposal for a regulation
Recital 19
Recital 19
(19) The operations supported by the EFSI should adhere to the Union's principles of tax good governance, given the need for a safer approach to prevent the fraudulent use thereof.
Amendment 73 #
Proposal for a regulation
Article 1 – paragraph 1 – point 3 a (new)
Article 1 – paragraph 1 – point 3 a (new)
Regulation (EU) 2015/1017
Article 6 – paragraph 1 – point e a (new)
Article 6 – paragraph 1 – point e a (new)
(3a) In Article 6(1), the following point (f) is added: ‘(f) are less likely to attract funding from other sources and, at the same time, have a significant social impact.’
Amendment 75 #
Proposal for a regulation
Article 1 – paragraph 1 – point 4 – point -a (new)
Article 1 – paragraph 1 – point 4 – point -a (new)
Regulation (EU) 2015/1017
Article 7 – paragraph 2 – introductory part
Article 7 – paragraph 2 – introductory part
(-a) In Article 7(2), the introductory wording is amended as follows: ‘2. The EFSI Agreement shall provide that the EFSI is to be governed by a steering board, which, for the purpose of the use of the EU guarantee, is to determine, in conformity with the general objectives set out in Article 9(2):, while ensuring implementation of the agreement:’
Amendment 76 #
(-aa) Article 7(3) is amended as follows: ‘3. The Steering Board shall comprise four members: three appointed by the Commission and one by the EIB. The Steering Board shall elect a Chairperson from among its members for a fixed term of three years, renewable once. The Steering Board shall take its decisions by consensus. on the basis of an in-depth analysis of each situation under discussion.’
Amendment 77 #
Proposal for a regulation
Article 1 – paragraph 1 – point 4 – point -a b (new)
Article 1 – paragraph 1 – point 4 – point -a b (new)
Regulation (EU) 2015/1017
Article 7 – paragraph 4
Article 7 – paragraph 4
(-ab) Article 7(4) is amended as follows: ‘4. Member States and other third parties may - subject in the case of other third parties to the agreement of the Steering Board - contribute to the EFSI in the form of guarantees or cash as regards Member States, and only in the form of cashsame way as regards other third parties. Neither Member States nor other third parties shall be granted membership of the Steering Board, nor shall they be granted a role in the appointment of other EFSI staff including members of the Investment Committee, nor shall they have any right concerning other aspects of governance of the EFSI as set out in this Regulation.’
Amendment 78 #
Proposal for a regulation
Article 1 – paragraph 1 – point 4 – point -a c (new)
Article 1 – paragraph 1 – point 4 – point -a c (new)
Regulation (EU) 2015/1017
Article 7 – paragraph 5 – subparagraph 1
Article 7 – paragraph 5 – subparagraph 1
(5)ac) Article 7(5) is amended as follows: ‘5. The EFSI Agreement shall provide that the EFSI is to have a managing director, who is to be responsible for the properday-to-day management of the EFSI and the preparation and chairing of meetings of the Investment Committee referred to in paragraph 6.’
Amendment 80 #
Proposal for a regulation
Article 1 – paragraph 1 – point 4 – point -a d (new)
Article 1 – paragraph 1 – point 4 – point -a d (new)
Regulation (EU) 2015/1017
Article 7 – paragraph 8 – subparagraph 1
Article 7 – paragraph 8 – subparagraph 1
(8)-ad) Article 7(8) is amended as follows: ‘8. The Investment Committee shall be composed of eight independent experts and the Managing Director. The experts of the Investment Committee shall, following an open and transparent selection procedure, be appointed by the Steering Board for a fixed term of up to three years. Their term shall be renewable but shall not exceed six years in total. The independent experts shall have a high level of relevant market experience in project structuring and project financing, as well as micro- and macro-economic expertise. and shall not be from the same Member State.’
Amendment 97 #
Proposal for a regulation
Article 1 – paragraph 1 – point 9 – point b – point ii
Article 1 – paragraph 1 – point 9 – point b – point ii
Regulation (EU) 2015/1017
Article 14 – paragraph 2 – point e
Article 14 – paragraph 2 – point e
(e) ‘providing pro-active support on the establishment of investment platforms;, including sectoral investment platforms;';