Activities of Doru-Claudian FRUNZULICĂ related to 2016/2188(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 2015
Amendments (5)
Amendment 1 #
Draft opinion
Paragraph -1 (new)
Paragraph -1 (new)
-1. Underlines that ESMA's role is essential in order to ensure financial stability, transparency, better integrated and safer financial markets, as well as a high degree of consumer protection in the Union;
Amendment 6 #
Draft opinion
Paragraph 2
Paragraph 2
2. Stresses that, while ensuring that all assignments are carried out in full, ESMA should carefully adhere to the tasks assigned to it by the Union legislator and should not seek to de facto broaden its mandate beyond those assignments; emphasises, in this respect, that, where possible, ESMA needs to pay particular attention to the principle of proportionalityonly sufficient financial resources would allow ESMA to fulfil its mandate independently and efficiently; underlines that an expansion of tasks has to be matched by an expansion of resources;
Amendment 11 #
Draft opinion
Paragraph 3
Paragraph 3
Amendment 21 #
Draft opinion
Paragraph 4
Paragraph 4
4. Concludes that ESMA’s financing arrangement is to be reviewed; calls on the Commission to examine the possibility of modifying the current financing arrangement by introducing additional appropriately and proportionately calibrated fees for market participants, possibly replacing in partensuring that it will not depend in the future on the contributions of nthe National cCompetent aAuthorities in order to enhance its autonomy and supervisory action;
Amendment 26 #
Draft opinion
Paragraph 4 a (new)
Paragraph 4 a (new)
4 a. Stresses that, while carrying out its work and in particular when drafting implementing legislation, ESMA needs to regularly and comprehensively inform the Union legislator about its activities;