8 Amendments of Paul TANG related to 2015/2221(INI)
Amendment 55 #
Motion for a resolution
Recital F a (new)
Recital F a (new)
Fa. whereas Banking Structural Reform (BSR) in the spirit of the Liikanen Report as an additional fourth pillar of Banking Union is necessary effectively to address the too-big-to-fail problem and to safeguard taxpayers and depositors;
Amendment 112 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Considers the comprehensive assessment performed ahead of the launch of the SSM to be a fundamental step towards restoring the confidence lost through the crisis years and enhancing the resilience of the euro area banking system by improving its capitalisation and increasing transparency; considers the fact that the distance to default for European banks remains smaller than the US banks as a sign that a future comprehensive assessment of bank balance sheets could be a useful tool in identifying banks that should strengthen capital positions, deal with non- performing loans and inadequate risk weighting of assets;
Amendment 147 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Notes that an increase in capital requirements, beyond a certain threshold, may in the short term induce bneeds to be achieved by reducing dividend payments and raising fresh equity instead of a shrinking of balance sheets by meanks tof curtail the supplying of credit, and therefore looks forward to an overall stabilisation of the level of capital smooth and steady phasing in of higher capital requirements by means of retained earnings at the minimum;
Amendment 183 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Underlines that the SSM should look beyond credit risk to all forms of bank risk, including non-financial risk such as business culture and behaviour of banking employees, and that further steps are necessary to reinforce the supervisory scrutiny of banks’ financial portfolios, especially level 3 assets;
Amendment 184 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Underlines that the SSM should look beyond credit risk to all forms of bank risk, and that further steps are necessary to reinforce the supervisory scrutiny of banks’' financial portfolios, especially level 3 assets; stresses the need for a reduction of the interlinkages between the regulated and the shadow banking sector, not least via limiting the respective credit risk exposure;
Amendment 189 #
Motion for a resolution
Paragraph 19 a (new)
Paragraph 19 a (new)
19a. Underlines that the SSM and SRM is a step in the direction of a common market for banking services, making cross-border consolidation more appealing; believes that the introduction of a financial stability and resolvability assessment in the Qualifying Holdings Directive is necessary to avoid new too- big-to-fail problems that may be produced due to a higher number of mergers and acquisitions;
Amendment 349 #
Motion for a resolution
Paragraph 40 a (new)
Paragraph 40 a (new)
40a. Stresses the importance of the European Deposit Insurance Scheme (EDIS) to further break the link between member states and their financial sector, and that a European scheme will assure and safeguard the protection of consumer deposits even in severe national financial crisis due to the risk sharing that takes place;
Amendment 359 #
Motion for a resolution
Paragraph 40 b (new)
Paragraph 40 b (new)
40b. Notes that a well-functioning deposit guarantee scheme funded through contributions of the financial sector is one of the proven ways to prevent bail-outs of banks with tax-payers money;