Activities of Barbara KAPPEL related to 2015/2106(INI)
Plenary speeches (1)
Stocktaking and challenges of the EU Financial Services Regulation (A8-0360/2015 - Burkhard Balz) DE
Shadow reports (1)
REPORT on stocktaking and challenges of the EU Financial Services Regulation: impact and the way forward towards a more efficient and effective EU framework for Financial Regulation and a Capital Markets Union PDF (400 KB) DOC (151 KB)
Shadow opinions (1)
OPINION on Stocktaking and challenges of the EU Financial Services Regulation: Impact and the way forward towards a more efficient and effective EU framework for Financial Regulation and a Capital Markets Union
Amendments (8)
Amendment 9 #
Draft opinion
Paragraph 1 – subparagraph 1 (new)
Paragraph 1 – subparagraph 1 (new)
supports the idea of a regular review of legislation already adopted in the area of finance with a view to continuity and coherence; regrets that the rapid adoption of many legislative proposals has led to inconsistent and in some cases contradictory requirements for business financing in particular; calls for these inconsistencies to be removed when creating a Capital Markets Union and for Europe to be provided with a flexible, liquid capital market that is easily accessible for businesses;
Amendment 12 #
Draft opinion
Paragraph 2
Paragraph 2
2. Stresses the need to take into account the wider global context; calls for a set of measures to improve the investment climate, attracting capital flows into the EU, removing barriers to capital flows within the EU and restoring the international competitiveness of the Union through investment in innovation in technology, research and industry;
Amendment 17 #
Draft opinion
Paragraph 2
Paragraph 2
2. Stresses the need to take into account the wider global context; calls for a set of measures to improve the investment climate through supply-side policies, but also on the demand side, attracting capital flows into the EU and restorboosting the international competitiveness of the Union;
Amendment 24 #
Draft opinion
Paragraph 3
Paragraph 3
3. Welcomes the envisaged diversification of funding channels, which should be complementary to the existing ones and promote instruments which have proved their usefulness; underlines the need to reduce administrative burdens and foster the application of the principles of proportionality, coherence and practicability in EU legislation, in the interests of large-scale, open, efficient, liquid and cost- effective capital markets;
Amendment 31 #
Draft opinion
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Stresses that new financing possibilities should not involve an additional bureaucratic and administrative burden for companies;
Amendment 38 #
Draft opinion
Paragraph 4
Paragraph 4
4. Welcomes the launch of consultations on the review of the Prospectus Directive and the efforts being made to remove regulatory barriers to access to securitisation; underlines, in particular, the need to open upat access to financial markets tofor SMEs needs to be made easier, as an alternative to bank loans as a source of financing; supports broadening the funding options available for SMEs; calls for improved access to long-term financing and for the development of a pan-European private placement market promoting venture capital, as well as alternative instruments such as peer-to-peer lending and crowdfunding;
Amendment 47 #
Draft opinion
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Points up, in particular, the need to open up financial markets to SMEs by promoting risk capital, especially through business angels, and by means of tax incentives for both firms and individuals; supports broadening the funding options available for SMEs; calls for improved access to long-term financing and for the development of a pan-European private placement market promoting venture capital, as well as alternative instruments such as peer-to-peer lending and crowdfunding;
Amendment 56 #
Draft opinion
Paragraph 5
Paragraph 5
5. Calls on the Commission to take into account the specificities of individual markets and propose changes only in those areas that require intervention in order to eliminate the existing barriers; bBelieves that the bottom-up approach and sharing national best practices should be at the core of the Capital Markets Union initiative;