[ParlTrack]

Proposal for a directive
Recital 5 a (new)

(5 a) Virtual currencies are used by many retail investors as substitutes to other assets or financial instruments. Unlike other financial instruments, virtual currencies are largely unregulated. Markets for virtual currencies, therefore, lack transparency, suffer from market abuse and do not feature basic investor protection provisions. In view of those characteristics, virtual currencies should be regulated as financial instruments.

2018/09/12
Committee: ECON

Markus FERBER

Proposal for a directive
Article 1 – paragraph 1 a (new)

Directive EU 2014/65/EU
Article 4 – paragraph 1 – Point 64 (new)

In Article 4, paragraph 1, the following point is added : (63 a) "virtual currencies' means virtual currencies as defined in point (d) of Article 1(2) of the Directive (EU) 2018/843 of the European Parliament and of the Council1a." _________________ 1aDirective (EU) 2018/843 of the European Parliament and of the Council of 30 May 2018 amending Directive (EU) 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, and amending Directives 2009/138/EC and 2013/36/EU (OJ L 156, 19.6.2018, p. 43) Or. en (Definition taken from AMLD V.)

2018/09/12
Committee: ECON

Markus FERBER

Proposal for a directive
Article 1 – paragraph 1 b (new)

Directive EU 2014/65/EU
Annex I – Section C – Point 12 (new)

In Annex I, Section C, the following point is added: (11 a) "virtual currencies".

2018/09/12
Committee: ECON

3 Amendments of Markus FERBER related to 2018/0047(COD)

ParlTrack - 2011-2024