2 Amendments of Jakob von WEIZSÄCKER related to 2017/2253(INI)
Amendment 60 #
Motion for a resolution
Paragraph 3 a (new)
Paragraph 3 a (new)
3 a. Notes, at the same time, that Brexit risks once more to incite harmful regulatory downward competition as financial hubs in the EU27 scramble to attract business from London. To prevent this, the remaining Member States need to commit to strengthening common European financial regulatory standards and practices and to coordinating wherever possible in order to manage the challenges of Brexit;
Amendment 220 #
Motion for a resolution
Paragraph 22 a (new)
Paragraph 22 a (new)
22 a. Calls on the Commission to assess the impact of new technologies on financial services in a timely manner and to propose common European regulatory and supervisory strategies where appropriate; stresses that the EU should play a key role in setting international standards for new technologies in order to pave the way for such innovation, to ensure consumer protection and to safeguard financial stability.