BETA

10 Amendments of Doru-Claudian FRUNZULICĂ related to 2017/0230(COD)

Amendment 317 #
Proposal for a regulation
Recital 32
(32) To ensure a high level of convergence in the area of supervision and approval of internal modeland to remedy potential inconsistencies, EIOPA should be able to iassue opinions to remedy potential inconsistencieess and, where necessary, review the decisions made by the competent authorities in the area of supervision and approval of internal models and assist competent authorities in reaching agreement related to the approval of internal models. Competent authorities should take theirIn cases where EIOPA deems that a decisions in conformity with these opinions, or alternatively explain why there are notthe area of supervision and approval of internal models should be amended or withdrawn, competent authorities should conforming to the opinionfinal provisions laid down by the Authority.
2018/09/11
Committee: ECON
Amendment 352 #
Proposal for a regulation
Article 1 – paragraph 1 – point 1 – point a c (new)
Regulation (EU) 1093/2010
Article 1 – paragraph 5 – subparagraph 1 – point f
(f) enhancing customer protection. ac) In paragraph 5, point (f) is replaced by the following: "(f) enhancing the protection of customers and other users of financial services." (This amendment also applies throughout Articles 2 and 3.) Or. en (https://eur-lex.europa.eu/legal- content/ET/TXT/PDF/?uri=CELEX:32010R1093&qid=1532334130461&from=EN)
2018/09/14
Committee: ECON
Amendment 354 #
Proposal for a regulation
Article 1 – paragraph 1 – point 1 – point a d (new)
Regulation (EU) 1093/2010
Article 1 – paragraph 5 – subparagraph 1 – point fa (new)
(ad) In paragraph 5, the following point (fa) is added: "(fa) ensuring supervisory convergence of conduct of business across the internal market."; (This amendment also applies throughout Articles 2 and 3.)
2018/09/14
Committee: ECON
Amendment 355 #
Proposal for a regulation
Article 1 – paragraph 1 – point 1 – point a e (new)
Regulation (EU) No 1093/2010
Article 1 – paragraph 5 – subparagraph 1 – point fb (new)
(ae) In paragraph 5, subparagraph 1, the following point (fb) is added: “(fb) contributing, in all areas of its work, to preventing the use of the financial system for money laundering or terrorist financing purposes." (This amendment also applies throughout Articles 2 and 3.)
2018/09/14
Committee: ECON
Amendment 378 #
Proposal for a regulation
Article 1 – paragraph 1 – point 5 – point a – point iii
Regulation (EU) No 1093/2010
Article 8 – paragraph 1 – point e
(e) to organise and conduct reviews of competent authorities and, in that context, to issue guidelines and recommendations and to identify best practic, with the support/contribution of national competent authorities, of competent authorities and, in that context, to issue recommendations addressed to those competent authorities and to identify best practices and, in that context, to issue guidelines, with a view to strengthening consistency in supervisory outcomes; (This amendment also applies throughout Articles 2 and 3.)
2018/09/14
Committee: ECON
Amendment 464 #
Proposal for a regulation
Article 1 – paragraph 1 – point 8 b (new)
Regulation (EU) No 1093/2010
Article 18 – paragraph 1 – subparagraph 1 a (new)
(https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02010R1093-20160112(8b) In Article 18, in paragraph 1, subparagraph 1a is inserted: In case of adverse developments which may seriously jeopardise the protection of consumers and other users of financial services, competent authorities, including dispute resolution institutions, of the country where a product or service is marketed shall be competent to act, as a safeguard clause, to prevent and solve any detriment caused by financial institutions established in another Member State and providing services across border. These competent authorities shall immediately inform the Authority that will examine the situation within 6 months pursuant to Article 9(5). (This amendment also applies throughout Articles 2 and 3.) Or. en
2018/09/14
Committee: ECON
Amendment 466 #
Proposal for a regulation
Article 1 – paragraph 1 – point 9 – point a
Regulation (EU) No 1093/2010
Article 19 – paragraph 1 – subparagraph 1 – introductory part
In cases specified in the Union acts referred to in Article 1(2) as well as in all cases of disagreement between two or more national competent authorities concerning the application of those acts and without prejudice to the powers laid down in Article 17, the Authority may assist the competent authorities in reaching an agreement in accordance with the procedure set out in paragraphs 2 to 4 in either of the following circumstances: (This amendment also applies throughout Articles 2 and 3.)
2018/09/14
Committee: ECON
Amendment 595 #
Proposal for a regulation
Article 1 – paragraph 1 – point 17 – point -a a (new)
Regulation (EU) 1093/2010
Article 33 – paragraph 1
(-a a) paragraph 1 is replaced by the following: "1. Without prejudice to the respective competences of the Member States and the Union institutions, the Authority may develop contacts and enter into administrative arrangements with regulatory, supervisory and resolution authorities, international organisations and the administrations of third countries. Those arrangements shall not create legal obligations in respect of the Union and its Member States nor shall they prevent Member States and their competent authorities from concluding bilateral or multilateral arrangements with those third countries. (https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02010R1093-20160112)By way of derogation from this paragraph, where a third country is included in the list of jurisdictions which are considered to have national anti- money laundering policies and policies countering the financing of terrorism regimes with strategic deficiencies that pose significant threats to the financial system of the Union, as referred to in a delegated act in force adopted by the Commission pursuant to Directive (EU) 2018/843 of the European Parliament and of the Council, the Authority shall not conclude administrative arrangements with regulatory, supervisory and resolution authorities of that third country. " (This amendment also applies throughout Articles 2 and 3.) Or. en
2018/09/14
Committee: ECON
Amendment 905 #
Proposal for a regulation
Article 2 – paragraph 1 – point 11
Regulation (EU) No 1094/2010
Article 21 a – paragraph 1 – point a
(a) Iassue opinions toess and, where necessary review, the decisions made by the supervisory authorities concerned oin the application to use or change an internal model. To this end, EIOPA may request all the information necessary from the supervisory authorities concerned; andrea of supervision and approval of internal models. To this end, the Authority shall: (i) follow a risk-based approach, taking into account level playing field aspects and closely examining cross- border cases; (ii) have access to all the information necessary, notably all data and material concerning the model application; (iii) participate in all relevant meetings and on-site inspections; The Authority may involve staff from the supervisory authorities concerned in order to ensure the relevant skills and experience for its assessment. Following their assessment by the Authority, the decisions made by the supervisory authorities concerned may be amended or withdrawn by the Executive Board in accordance with Article 45a. The supervisory authorities concerned shall conform to the final provisions as laid down by the Authority.
2018/09/19
Committee: ECON
Amendment 907 #
Proposal for a regulation
Article 2 – paragraph 1 – point 11
Regulation (EU) No 1094/2010
Article 21 a – paragraph 2
2. In the circumstances set out under Article 231(6a) of Directive 2009/138/EC, undertakings may request EIOPAthe Authority to assist the competent authorities in reaching an agreement in accordance with the procedure set out in Article 19.
2018/09/19
Committee: ECON