11 Amendments of Fredrick FEDERLEY related to 2018/2545(RSP)
Amendment 12 #
Recital C
C. whereas the SME definition is referred to in approximately 100 EU legal acts, primarily in the areas of competition policy, financial market legislation and structural, research and innovation funds, but also environmental, energy, consumer protection and social security legislation, for example in the REACH secondary legislation and the Energy Efficiency Directive;
Amendment 42 #
Paragraph 4
4. Urges the Commission to at leaststudy the merits of updateing the SME definition to take account of the rise in inflation and labour productivity since 2003; strongly supports an adjustment beyond the index-linking of inflation and labour productivity, in order to take account of future inflation, provide certainty and obviate the need for a rapid further adjustment in the next few years;
Amendment 55 #
Paragraph 5
5. Points out that the employee numbers is not a criterion which can be used to draw up for accurate EU-wide comparisons, asheadcount has become a widely accepted criteria and it remains a valid factor when determining companies resources and need for support measures; acknowledges that labour productivity varies from one Member State to another; welcom and believes, therefore, a shift towards the criteria of turnover and balance sheet totalsat turnover and balance sheet totals are equally important criteria's in the definition;
Amendment 68 #
Paragraph 6 a (new)
6a. Believes that any future adjustments to the SME definition should be done in a manner that ensures the long term stability of the definition;
Amendment 78 #
Paragraph 7
7. Welcomes the Commission’s start- up and scale-up initiative; views the promotion of entrepreneurship as important for economic growth in the EU; calls on the Commission to introduce a two-year transitional period during which enterprisfor example high-growth companies which no longer qualify for SME status would retain that status;
Amendment 102 #
Paragraph 9
9. Is concerned that, despite the considerable contribution they make to employment and growth by virtue of their productivity, MidCaps (enterprises that have outgrown the SME definition but still have typically medium-sized structures) are being neglected by policy-makers; calls, therefore, for a definition to be established for these companies based on the criteria that they are family-run, have high equity ratio and employ up to 3000 peopleAcknowledges the vital contribution that MidCaps (enterprises that have outgrown the SME definition but still have typically medium-sized structures) make to employment and growth by virtue of their productivity; believes that MidCaps do not receive enough attention from policy-makers; calls, therefore, for the Commission to study the merits of establishing a separate definition for MidCaps;
Amendment 111 #
Paragraph 10
10. Calls on the Commission, in addition to the priority EUizing measures for EU SMEs, to launch a MidCaps-oriented initiativeexplore launching an initiative aimed at growth-oriented MidCaps using new funding, which would cover collaborative research access, digitalisation strategies, export market development and an easing of the Basel specifications and data protection rules;
Amendment 130 #
Paragraph 11
11. Takes the view that future SME categorisation should not necessarily be exclusively based on the criteria of employee headcount, annual turnover and balance sheet totals; calls, therefore, for the Commission to analyse the merits of criteria ofsuch as ‘export-intensive’ (high level of exports in relation to number of employees), ‘largely independently-run’ and ‘high equity ratio’ - to be defined in due course - to be taken into account when categorising companies and for enterprises with these characteristics to at least be exempted from the relevant specific reporting obligations and/or for it to be made easier for them to access financial support;
Amendment 136 #
Paragraph 12
12. Calls on the Commission to conduct a comprehensive study into the impact of the SME definition on business development and on possible lock-in- effects, i.e. when enterprises deliberately opt not to expand in order to avoid bureaucratic burdens and other obligations that arise from the loss of their SME status;
Amendment 145 #
Paragraph 13
Amendment 155 #
Paragraph 14
14. Calls for anthe SME category testTest which implements the Think Small Principle to be made mandatory for all EU legislative proposals, beyond the Commission’s own undertakings; stresses that the result of this test should be clearly indicated in the impact assessment of all legislative proposals; calls on the Commission to give such an undertaking in the next Interinstitutional Agreement on better law- making;