8 Amendments of Beatrix von STORCH related to 2017/2066(INI)
Amendment 9 #
Motion for a resolution
Recital A
Recital A
A. whereas the EU market in retail financial services remains underdeveloped and highly fragmented; whereas efficient action is therefore needed to facilitate innovation beneficial to end users, while unlocking the full potential of the single market;
Amendment 26 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. WelcomesTakes note of the Commission Action Plan on consumer financial services as a means of addressing some of the challenges raised by Parliament in its report on the Green Paper on retail financial services,; with the aim of striving towards a genuine technology-enabled single market for retail financial servicelcomes that the Commission is only addressing some of the issues, while protecting consumers, lowering prices and fighting against tax fraud, tax evasion and tax avoidancech the Parliament has raised;
Amendment 35 #
Motion for a resolution
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Warns that harmonisation to facilitate a single retail financial market is the wrong approach as it hinders the creation of a common market marked by pervasive competition, especially regulatory competition;
Amendment 49 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. BWelievcomes that the Commission should play a more proactive role in using the capital markets union, while closely involving Parliament as part of the implementation of the Paris agreement to support the growing sustainable and responsible investment (SRI) market by promoting sustainable investments; urges, the Commission, furthermore, to promoteis neither promoting environmental, social and governance (ESG) ‘rating services’ andnor a consistent framework for the green bonds market, building on the relevant Commission study and the work of the G20 study group on green finance;
Amendment 56 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Considers a high level of consumer protection and transparencympetition key to the development of a single market in retail financial services; believes the enforcement of EU and national financial consumer legislation needs to be strengthened across all Member States;
Amendment 88 #
Motion for a resolution
Paragraph 8
Paragraph 8
Amendment 98 #
Motion for a resolution
Paragraph 8 a (new)
Paragraph 8 a (new)
8a. Expects private actors to create competitive online portals for comparing goods, services, and prices in European retail financial markets;
Amendment 135 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Calls on the Commission to amend the Mortgage Credit Directive and the Consumer Credit Directive to introduce compulsory, harmonised,design template cross-border creditworthiness assessment standards and principles to better mitigate the risk of increasing over- indebtedness when facilitating pan- European online credit;